“NIRP is Killing Us,” Wheezes Spain’s Second Biggest Bank
“NIRP is Killing Us,” Wheezes Spain’s Second Biggest Bank by Don Quijones, http://wolfstreet.com/ “Europe is caught in a trap.” In Europe, banks are beginning to feel the side effects from the ECB’s negative interest rate policy (NIRP), which (among other things) is meant to weaken the euro, fuel inflation, force banks into riskier lending, and prevent Eurozone …