The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• European Banks Sitting On €1 Trillion Mountain Of Bad Debt (Guardian)
• If China Killed Commodities Super Cycle, Fed Is About to Bury It (Bloomberg)
• US, German Manufacturers Can’t Shake The Slowdown In China (Forbes)
• China’s Latest Economic Indicators Make For Gloomy Reading (Bloomberg)
• Iron Ore Rout Deepens as Rising Supply, Weaker Demand Feed Glut (Bloomberg)
• Presenting SocGen’s 5 Black Swans For 2016 (Zero Hedge)
• Elite Funds Prepare For Reflation And A Bloodbath For Bonds (AEP)
• Russia: Ankara Defends ISIS, Financial Interest In Oil Trade With Group (RT)
• Russia Ready For Joint Command Against Islamic State: Paris Envoy (Reuters)
• VW Faces Fresh Probe Over Tax Violation Claims in Germany
• This is The Day We Say Farewell To All That Was Good About Britain (Murphy)
• UK Consumer Borrowing Binge Troubles Bank Of England (Guardian)
• Consume More, Conserve More: Sorry, But We Just Can’t Do Both (Monbiot)
• EU Countries Diverting Overseas Aid To Cover Refugee Bills (Guardian)
• EU Refugee Numbers Drop for First Time This Year as Winter Nears (Bloomberg)
• Rate Of Refugee Arrivals in Greece Picking Up (Kath.)
• Greece Spends €800,000 On Migrant Healthcare With EU Funding Absent (Kath.)