iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Eurozone Bank Problems Look Identical to Lehman Bros. & Bear Sterns

DO NOT TAKE THIS SELL OF LIGHTLY. THINK TWICE ABOUT BUYING WHAT YOU THINK IS THE BOTTOM.

Euro banks are holding paper that can’t burn fast enough. What we have is a wide spread race to zero aka asset impairment in the Eurozone….

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. checklist

    i agree that this should not be taken lightly.

    the governments of the world are doing everything wrong.

    austeritizing when they should be stimulating like madmen.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. cronkite

    @checklist,
    exactly right

    • 0
    • 0
    • 0 Deem this to be "Fake News"