SuddenDeath
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Banks Start Falling in Eurozone Crash
May 18, 2012 • 7:16AM
The Eurozone banks, loaded with perhaps five trillion euros of bad debts, were starting to slide visibly toward the abyss of a new bank crash yesterday — one that continues to be fraudulently described in nearly all media as a "Greek," "peripheral nation" or "EU breakup" crisis rather than the huge bank blowout that it is.
Federal Reserve Open Market Committee minutes from April's meeting were released yesterday, showing that "several members" were agitating for the Fed to prepare new asset-purchase and "accommodation" programs if the Eurozone banking crisis continues to worsen.
Banks Start Falling in Eurozone Crash
May 18, 2012 • 7:16AM
The Eurozone banks, loaded with perhaps five trillion euros of bad debts, were starting to slide visibly toward the abyss of a new bank crash yesterday — one that continues to be fraudulently described in nearly all media as a "Greek," "peripheral nation" or "EU breakup" crisis rather than the huge bank blowout that it is.
Federal Reserve Open Market Committee minutes from April's meeting were released yesterday, showing that "several members" were agitating for the Fed to prepare new asset-purchase and "accommodation" programs if the Eurozone banking crisis continues to worsen.
Banks Start Falling in Eurozone Crash