Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here

Economic Collapse ^ | 8 Feb 16 | Michael Snyder

[SkyPilot]

"The current environment for European banks is very, very bad. Over a full business cycle, I think it's very questionable whether banks on average are able to cover their cost of equity. And as a result that makes it an unattractive investment for long-term investors," warned Peter Garnry, head of equity strategy at Saxo Bank.

[ifinnegan]

Deutsche Bank has, of course, covered Trump for well more than half a billion. He probably still owes.

Trump is pwned by these international bankers and global financiers.

People can ignore it, but it’s fact.

[DocRock]

Bookmark

[Tolerance Sucks Rocks]

There is a quote from USA Today in your excerpt, and USA Today material is not allowed on FR, due to copyright complaint.

[amorphous]

I’ve been warning that rising gold prices in the face of falling commodities is a red flag that this time really is different.

[txnativegop]

No business is too large to fail.

[Rusty0604]

Last crisis the FED bailed out European banks. Hopefully not this time.

[ifinnegan]

Deutsche Bank is bankrolling Trump’s current project, Trump Tower in DC.

[rbg81]

IMHO, The Economic Collapse site is like a broken clock.

[SkyPilot]

The article is from the Economic Collapse - not USA Today. I don't know what the idiosyncrasies of quoting a publication within a publication are from a legal standpoint, but if it is that severe, then our world is even more screwed up that I thought.

[SkyPilot]

Here is Forbes for you (article mentions the banks):

Cheap Oil Edging Us Toward Global Economic Collapse

[Flavious_Maximus]

It’s the end of the world as we know it and I feel fine.

[SkyPilot]

Last crisis the FED bailed out European banks.

They did, and they refused to disclose what they did, how much, and what banks.

[jsanders2001]

Now we know why so many bankers have been sky-diving from tall buildings and driving into ditches

[PAR35]

Greek bank stocks lost close to a quarter of their value on Monday alone.

Greek bank stocks have value? That should have been the headline.

[AmericanVictory]

What is your point?

[txnativegop]

And I have zero pity for them.

[laplata]

I think you have been correct.

[DoughtyOne]

Equating a secured loan with some kind of evil, IS EVIL.

Every business owner has bank loans, and nobody owns them.

They make their loan payments on time, and the banks can go screw off.

Are you reading from come Communist talking points memo?

[lordsofthejungle]

Trump is pwned by these international bankers and global financiers.

People can ignore it, but it’s fact.

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He owes the ethanol industry now too,,, so much for not being beholden to “donors”.