The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

Negative Interest Rates A ‘Dangerous Experiment’, Warns Morgan Stanley (MW)
Negative Interest Rates Are A ‘Gigantic Fiscal Failure’ (AEP)
Japan’s Exports Drop Most Since 2009 as Sales to China Fall (BBG)
Japan Shelves Plan to Let Pension Fund Directly Invest in Stocks (WSJ)
China’s Banks May Be Getting Creative About Hiding Their Losses (BBG)
China Central Bank Takes Another Step To Guide Interest Rates Lower (BBG)
High Chance of China Hard Landing, Says Adviser to Japan’s Abe (BBG)
Why the Chinese Yuan Will Lose 30% of its Value (CHS)
China’s $600 Billion Subprime Crisis Is Already Here (BBG)
Not Even a Wave of Oil Bankruptcies Will Shrink Crude Production (WSJ)
Less Than 4% Of World Oil Supply In The Red At $35/b (Platts)
Venezuela Lifts Gasoline Price by 6,200% and Devalues Currency by 37% (BBG)
The Real Crisis is for Bank Bonds, Not Banks (WSJ)
Fed’s Kashkari: 25% Capital Requirement May Be Right for Banks (WSJ)
Banking Reform Is More Complex Than It Needs To Be (Chu)
Italy Would Veto Any Cap On Banks’ Government Debt Holding (Reuters)
German Central Bank Chief On Collision Course With Draghi Over QE (T.)
Russia Sues Ukraine in London High Court Over $3 Billion Default (BBG)
WikiLeaks Releases Classified Data On EU Military Op Against Refugee Flows (RT)
European States Deeply Divided On Refugee Crisis Ahead Of Summit (Guardian)