“In recent weeks, the distrust of the financial markets has spread to the banks because they are now suffering from the debt crisis in Europe and have a lot of exposure to, for example, Greek bonds.”
“Since the financial crisis, some European banks have lost a third or more of their market capitalization,” he said, according to Google Translate.
“Most institutions have a rating of “below the book value or at best.”
h/t Dick Slater
Indeed……it is really nothing!!!!!!
Thanks for bringing articles like this to our attention, Kate. The MSM pretty much ignores such stories otherwise, as they feel uncomfortable highlighting the current problems experienced by the socialist workers’ paradises of Europe.
Hmmmm….suddenly this all makes sense. And the Canadian left wants to be just like these clowns.
LONDON (AP) — Some 38 percent of Europeans, or 165 million people, suffer from mental illness or neurological disorders on a broad spectrum ranging from anxiety to dementia, a new study published Tuesday says.”
Explaining the euro crisis with lego
“It is a dangerous illusion to believe that a country could do better should it reclaim the sovereignty it has delegated to the EU.”
If I were German I’d rather live dangerously, the Eurocrats got’em into this mess
My first thought was how many of these mental afflictions are real, or made up by the Psychiatric community?
After all with most males in school now on drugs in the US for phony mental problems . Europe being a head in the Marxist game, must have many more by now.
Psychology & its bedfellows. Secular humanisms version of church. Group or single therapeutic sessions for all. Just look what 35 years of therapy did for Woody Allen.
@ Revnant Dream
You hit the jackpot. If you have time check this one out.
http://www.forbiddenknowledgetv.com/page/4634.html
I used to think Insurance companies were the biggest pricks on the planet until I started looking into big pharma.