Deutsche Bank, Commerzbank, the Italian banks…it’s getting ugly across the pond, and the worst is yet to come. Here’s a brief look at the reasons why, including derivatives, ridiculous capital rules, dumb lending practices and, of course, negative interest rates. If you’re looking for short sale candidates, Europe’s banks should be on the list.
6 thoughts on "Podcast: European Banks In The Eye Of The Storm"
This is a really brilliantly simple podcast, I played it for my 14-year old and he seemed to understand most of it. BRAVO!! GREAT JOB !!! You must have worked very hard (or are outstanding) at defining terms a layman would not understand, about the only vague term was “balance sheet” or “book” for a bank.
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All people, everywhere, should prepare for the, severe, shortages that come with war and financial collapse. And, know, your politicians have turned against you, for money.