The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Negative Interest Rates Set The Stage For The Next Crisis (Stephen Roach)
• Why Negative Interest Rates Spell Doom For Capitalism (Romano)
• Central Banking Is In Crisis. Can The World Economy Be Far Behind? (Economist)
• Bank of Japan Baffled by Negative Reaction to Negative-Rate Policy (WSJ)
• Nomura Sees Yen Falling More Than 10% on BOJ Negative Rates (BBG)
• Abenomics? How About Kurodanomics? (BBG)
• OECD Calls for Urgent Increase in Government Spending (WSJ)
• China Bears Say the Capital Outflow Is Just Beginning (BBG)
• Red Ink In China (Economist)
• Overproduction Swamps Smaller Chinese Cities, Revealing Depth of Crisis (WSJ)
• You Cannot Print Your Way to Prosperity (Ron Paul)
• The Real Economy Is Talking, but Treasuries Aren’t Listening (BBG)
• Number Of UK Homes Worth More Than £1 Million Set To ‘Triple By 2030’ (G.)
• 400,000 Americans In Jeopardy As Giant Pension Fund Plans 50% Benefit Cuts (ZH)
• The Political War on Cash (WSJ)
• Swiss MPs Want New 5,000-Franc Banknotes To ‘Save Privacy And Freedom’ (L.)
• The Stressed-Out Oil Industry Faces an Existential Crisis (BBG)
• Oil Gives Up Gains as Inventories Build (WSJ)
• Anglo American Cut to Junk for Third Time This Week (BBG)
• Wary On Turkey, EU Prepares For Refugee Crisis In Greece (Reuters)