Europe's banks are staring into the abyss

Europe's banks are staring into the abyss

blogs.telegraph.co.uk

It ain't pretty;


The German people are grumpy, the French people are grumpier, there may be vast consequences and fall out in the US. Here is a heads up, mark it well and then take a good look at Dimon, JP Morgan and the Fed.

The German and French Banksters did not plan on losing money, it ain't part of the game plan. They were literally banking on taxpayer bailouts and lobbying power to manipulate the German and French governments into creating a tax conduit from German and French taxpayers, via revolving financial doors in Greece, into their coffers as interest payments.

Who is to big to fail?

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