The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Nikkei Climbs, But Shanghai Extends Fall (CNBC)
• Why China’s Capital Flight Carnage Will Continue (Telegraph)
• A China Bank Contagion Could Blow Up Global Markets (CNBC)
• China Accuses George Soros Of ‘Declaring War’ On Yuan (AFP)
• Head Of China’s Statistics Bureau Investigated For Corruption (AFP)
• Inquiry in China Adds to Doubt Over Reliability of Economic Data (NY Times)
• Cash Is King as Europe Adapts to Negative Interest Rates (BBG)
• Europe Bank Rout Erases $434 Billion In 6 Months (BBG)
• The Market’s Troubling Message (Ashoka Mody)
• EU Botched Billion Euro Bail-Outs During Financial Crisis (Telegraph)
• World’s Biggest Wealth Fund Speaks Out on Missing Liquidity at Banks (BBG)
• Apple Reaches Peak iPhone, So What Now? (MW)
• Apple: ‘Extreme Conditions Unlike Anything We’ve Experienced Before'(BBG)
• AIG To Return $25 Billion After Activist Siege (FT)
• The Black Hole of Deflation Is Swallowing the Entire World (GWB)
• The Future is Blivets (Dmitry Orlov)
• The Agonies of Sensible People (Jim Kunstler)
• Clock Ticks Down On EU Passport Free Travel Dream (AP)
• Danish Parliament Approves Plan To Seize Assets From Refugees (Guardian)
• Belgium Wants Camp for 300,000 Refugees in Athens (DM)