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EURO BANKS are INSOLVENT


US investors believe they are immune to EURO ZONE Bank Insolvency. Prepare for extreme credit contraction along with lower stock prices.

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One Response to "EURO BANKS are INSOLVENT"

  1. MrTGolden says:
    I agree with your prognosis, however I suspect stock ownership has never been more concentrated among those heavily exposed to credit markets in Europe and elsewhere. So, rather than a “run,” maybe a “panic” might better describe what’s likely to happen even over weeks straight ahead. You might say a “run” has been roiling various stock sectors since 1998, much like European banks of late. Up next, then, might´╗┐ better be described a panic, as hope resting in status quo expectations evaporates.

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