The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• ECB Rings The Bell For Pavlov’s Market Dogs (AFR) 
• ECB President Mario Draghi Reignites Currency War Talk (AFR)
• The Great Negative Rates Experiment (Bloomberg) 
• Every Day’s a Crisis for Europe as Merkel Heads Back to Brussels (Bloomberg) 
• Oil’s Big Slump Looks Like the 1980s ‘Lost Decade’ (Bloomberg) 
• As China Weakens, Recession Stalks North Asia (Reuters) 
• Credit Suisse Exiting Bond Role Sounds Alarm for Debt Market (Bloomberg) 
• US Regulator Raises Red Flag on Auto Lending (WSJ) 
• US Junk-Bond Default Rate May Nearly Double in a Year: UBS (Bloomberg) 
• Valeant Slump Poses Big Threat To Small Hedge Funds (Reuters) 
• Revised US Swaps Rule to Spare Big Banks Billions in Collateral (Bloomberg) 
• The ‘Miserable’ Metal Sinks to Its 2009 Low (Bloomberg) 
• ‘Flash Crash’ Trader’s Lawyer Calls US Extradition Request False (Guardian) 
• Inside Massive Injury Lawsuits, Clients Get Traded Like Commodities (BBG) 
• Millennials Face ‘Great Depression’ In Retirement: Blackstone COO (CNBC) 
• American Farmers Want Student Loans Forgiven (MarketWatch) 
• Inside Swiss Banks’ Tax-Cheating Machinery (WSJ) 
• Greece, A Unit For Measuring Catastrophe (Konstandaras) 
• A New Low: Czech Authorities Strip-Searched Refugees To Find Money (Quartz) 
• Rights Group Reports Fresh Assaults On Migrants In Aegean Sea (AFP) 
• Permafrost Thawing In Parts Of Alaska ‘Is Accelerating’ (BBC)