The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Deutsche Bank: Tip of the Iceberg for Cutbacks at European Banks? (WSJ) 
• Banks Take Spotlight As Earnings Season Heats Up (Reuters) 
• Standard Chartered ‘To Cut 1,000 Senior Jobs’ (BBC) 
• Margin Debt in Freefall Is Another Reason to Worry About S&P 500 (Bloomberg) 
• China Is Becoming A Big Red Flag For US Stocks (MarketWatch) 
• Buried In The Fed Minutes Is Another Downgrade To The US Economy (MarketWatch) 
• BofA: Here’s The Precise Moment When We Should Have Known QE Went Wrong (BBG) 
• Greek Debt Has Become Highly Unsustainable: IMF (Reuters) 
• ECB Should Focus Asset-Backed Purchases on Periphery: Pimco (Bloomberg) 
• The Hidden Debt Burden of Emerging Markets (Carmen Reinhart) 
• US Hedge Fund Threatens Peru With Lawsuit Over Debt (BBC) 
• Brazil: In A Hole And Still Digging (Ogier) 
• War on Islamic State: A New Cold War Fiction (Nafeez Ahmed) 
• Gene Patents Probably Dead Worldwide Following Australian Court Decision (ArsT) 
• EU Gets Ready To Lock Up, Deport Migrants (CNBC) 
• Greek Islands See Surge In Refugee Arrivals (Kath.) 
• No Place Left To Die On Greece’s Lesbos For Refugees Lost At Sea (Reuters)