Monthly Archives: October 2016

Banking in the EU

“The ratio of non-performing loans (NPL) was 5.5%, 10bps below Q1 2016. Notwithstanding the improvement, credit quality and the level of legacy assets remain a concern.” writes the European Banking Authority (EBA) in its risk dashboard update of September 30. The idea that central banks trying to rescue the world

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Posted in Economics
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Hilarious: CERN Discovers New Particle

Excellent hilarious and ironic read by Steve Keen on Y. Varoufakis’s website CERN Discovers New Particle Called The FERIR.

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Posted in Economics
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