European banks are stuck in a severe crisis | WHAT REALLY HAPPENED

European banks are stuck in a severe crisis

Big banks in Europe are riskier than anywhere else in the world.

They have higher non-performing loans, greater asset shrinkage, larger losses and higher debt-to-equity ratios. And European banks are bracing for even worse loan losses.

It’s the combination of those characteristics that lead to a crisis, and the eurozone essentially is in one today.

Webmaster's Commentary: 

The root cause of all these problems is that eleventh marble!

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