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Friday, March 29, 2024

Podcast: European Banks In The Eye Of The Storm

Courtesy of John Rubino.

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.

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Podcast: Play in new window | Download

Visit John’s Dollar Collapse blog here

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