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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (41722)9/13/2011 10:47:10 PM
From: Giordano Bruno  Read Replies (2) of 71454
 
Europe's banks are staring into the abyss

Record quantities of European term funding are set to mature in the first quarter of next year. It's not clear that the European Central Bank can cope with the sort of liquidity support that banks will require if markets refuse to refinance it. Europe's financial and monetary system is falling apart.

blogs.telegraph.co.uk
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