Abe wins election; more fiscal stimulus; USD/JPY rises by more than 1% http://www.zerohedge.com/news/2016-...pan-soars-yen-plunges-jpy10-trillion-stimulus .
Another ZH article about "first lite instance of helicopter money" http://www.zerohedge.com/news/2016-...an-visit-sparks-monster-rally-after-helicopte In a previous article on the ZH web site, it was suggested that secondary market purchases of bonds by central banks do not cause too much concern about inflation because it's possible to pretend that it's not directly financing government spending. However with today's announcement it appears that the BoJ may be directly financing additional government spending, and therefore may scare holders of JPY and/or JGBs a little more than secondary market purchases of JGBs. On 28 April 2016, in this journal I wrote that I was "Long Gold/JPY at 138,970". Since then the JPY has soared, and Gold/USD has also soared. The net effect is that at the time of writing, Gold/JPY is back at about 139,000 JPY, as it was in late April. . . .
Tuesday 12 July. Day 2 of the Abe-related decline in the JPY. At the time of writing, gold/USD is 1347.10 and USD/JPY is 104.44. So gold/JPY is 140,691. http://www.zerohedge.com/news/2016-07-12/its-official-bernanke-urges-japan-unleash-helicopter-money .
ECB "stress tests" http://www.zerohedge.com/news/2016-07-31/full-details-behind-monte-paschis-€5-billion-bail-out .
Big picture view by Satyajit Das about ever-increasing debt burdens and the inability to escape without direct (default) or indirect (high inflation) writedown of debt: http://www.zerohedge.com/news/2016-...e-qe-forever-cycle-means-catastrophe-inevitab .
What the world looks like ex-Africa: http://www.zerohedge.com/news/2016-11-03/what-world-looks-ex-africa https://econimica.blogspot.com.au/2016/11/what-world-looks-like-x-africa.html More demographics from Econimica https://econimica.blogspot.com.au/2016/06/why-this-time-is-completely-utterly.html tags: demographics .
Wolf Street, writing about Popular in Spain 4 April 2017 http://wolfstreet.com/2017/04/04/spain-banco-popular-scandals-still-solvent-apparently/ 11 January 2017 http://wolfstreet.com/2017/01/11/ubs-warns-banco-popular-spains-most-italian-bank-out-of-options/ .
https:// twitter dot com/search?f=tweets&vertical=default&q=banco%20popular POP considering capital raising (again) New 52-week low for the company .
France election matrix and candidate policies http://www.zerohedge.com/news/2017-...d-everything-else-full-french-election-matrix .
Moody's downgraded Popular on Friday 21 April https://www.moodys.com/research/Moo...enior-unsecured-debt-ratings-to-B1--PR_365395 .