EU Banks Crash To Crisis Lows As Funding Panic Accelerates

by Tyler Durden
ZeroHedge.com
Jul 6, 2016

The signs are everywhere – if you choose to look – Europe’s banking system is collapsing (no matter what Draghi has to offer). From record lows in Deutsche Bank and Credit Suisse to spiking default risk in Monte Paschi, the panic in Europe’s funding markets (basis swaps collapsing) is palpable.

The Rest…HERE

This entry was posted on Wednesday, July 6th, 2016 at 9:16 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.