Must read 17 Febr 2016

Martin Wolf

Banks are still the weak links in the economic chain

Why have the prices of bank shares fallen so sharply?

http://www.ft.com/cms/s/0/a97efd1e-d34c-11e5-829b-8564e7528e54.html#ixzz40Pgftmnu

Central banks face credibility test

John Plender

http://www.ft.com/cms/s/0/9441dcb2-d470-11e5-829b-8564e7528e54.html#ixzz40PhN0tzH

What Have We Learned Since 2008?

Krugman

http://mobile.nytimes.com/blogs/krugman/2016/02/14/what-have-we-learned-since-2008/?smid=tw-nytimeskrugman&smtyp=cur&referer=https://t.co/2UrnU8Ggk3

Minusränta är knappast det lämpligaste sättet att möta globalisering och ny teknik.
Inte heller hjälper den särskilt mycket mot oljeprisfall och global finansoro.
Johan Schück

http://www.dn.se/ekonomi/johan-schuck-faran-for-en-kommande-urladdning-okar/

Yup, negative rates were a really bad idea

Isabella Kaminska

http://ftalphaville.ft.com/2016/02/17/2153487/yup-negative-rates-were-a-really-bad-idea/

First came the big short. Then, for Milan Patel, came the big long.

With the financial crisis raging in January 2009, Patel and a handful of colleagues hit upon the trade of their life: They would put up their own money to buy the complex securities that everyone else was dumping.

http://www.bloomberg.com/news/articles/2016-02-17/the-big-long-making-a-killing-in-market-everyone-left-for-dead

Nearly seven years after the collapse of Lehman Brothers we are still debating what is an appropriate level of banking capital,  Jeremy Warner

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12160350/The-banking-reform-agenda-has-descended-into-a-confused-and-counter-productive-mess.html

Will German Sovereign Debt “Bail In” Scheme Destroy the Eurozone?

Yves Smith
http://www.nakedcapitalism.com/2016/02/will-german-sovereign-debt-bail-in-scheme-destroy-the-eurozone.html