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Read the original: Europe Fears Bail-Ins: Capital Flight Intensifies in Italy, France, Spain; Are German Banks Safe?
Continued here: China Declares War on Currency Speculators; Interbank Yuan Rates Spike to Record High 13.4%
Visit site: Mexico Blames China for "Frankly Perverse" Currency Wars Then Joins Mad Intervention Party
I commented on that outcome in Pro-Independence Spanish Parties Strike Deal to Form Government, New Catalan Election Called Off; Rajoy in Hot Seat . Price of Deal Disclosed The decision by Artur Mas to step aside came with a price. Via translation from El Economista, here are the terms of the deal
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See original article: Hoisington 4th Quarter Review: Failure of the Fed, How QE Acts to Contract the Economy
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View the original here: Factory Orders Decline Again, Previous Month Revised Lower
Read more here: Flattening of the Yield Curve in Pictures; Is an Inversion Necessary to Signal a Recession?