The Beer Barrel

European Bank Bail-ins? Banks 'As Vulnerable Today' As Before 2008 Crisis

- Euro banks no more stable now than in run-up to 2008 crash
- Banks in France, Spain and Italy are “highly vulnerable to...

Cash is a MAJOR problem for the Central Banks

The reason for this concerns the actual structure of the financial system. As I’ve outlined previously, that structure is as follows:

1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.

2) When you include digital...

The Sand Niggers from the asshole of the devil are back. And want to wreck civilizations that, unlike theirs, don't suck stale farts out of a dead camel's ass.