The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Nikkei Ends Up After Roller-Coaster Ride On BOJ’s Rate Cut (CNBC)
• US Durable Goods Orders Tumbled 5.1% in December (WSJ)
• Amazon Shares Plunge 13% As Profit Misses Estimates (Reuters)
• The Shipping News Says the World Economy Is Toast (BBG)
• Red Ponzi Ticking (David Stockman)
• China’s Debt-To-GDP Rises To A Gargantuan 346% (ZH)
• The $29 Trillion Corporate Debt Hangover That Could Spark a Recession (BBG)
• Capital Flight Is The Evil Twin Brother Of Currency War (MW)
• Hundreds of Billions of Dollars Have Fled China. Now What? (WSJ)
• China’s January Outflows Soar To Second Highest Ever (ZH)
• Cracks In America’s Economy Are Growing (CNN)
• How Italy’s Bad Loans Built Up (FT)
• Brexit Vote To Turn UK Into ‘Safe Haven’ Triggering EU Disintegration (Tel.)
• Germany Tightens Refugee Policy, Finland Joins Sweden In Deportations (Guar.)
• Mass Expulsions Ahead For Europe As Refugee Crisis Grows (AP)
• Why Europe’s Refugee Crisis May Be Getting Worse (BBG)
• Twelve Refugees Drown As Boat Sinks Off Greek Island (Reuters)
• 24 Iraqi Kurdish Refugees Drown Off Greek Island (NY Times)
• Italy Navy Recovers Six Bodies, Rescues 209 From Migrant Boats (Reuters)