Bank-Domino to be continued …
One bank after another comes out and admits … we face bankruptcy / nationalization.
No end in sight …
Some see NOW … that only ONE THIRD or even ONE QUARTER of the problem is “solved” …
But the problem gets bigger EVERY DAY … as the real economy goes DIVING …
And the WORST aspect is … THEY REALLY ARE HELPLESS!!!
They cut their prop-trading … means LOWER PROFITS … AUTSCH!!!
Means … they never will earn it back … the taxpayer is hooked …
and that means … DANGER FOR SOME COUNTRIES …
CURRENCY REFORM LURKING!!!!
Rating agencies started cutting ratings already … today SPAIN …
England was downgraded by the market 
Selling off the bonds … and the Pound … What a shame 
Tags: financials, Spain, stupidity, U.K.
