Bitcoin and banking crisis in the euro area

In Europe, much attention is paid to what happens with the Italian banks. The crisis of the Italian banking system already seems inevitable and the only question is how quickly it will happen. Nearly $ 400 billion of bank loans are bad or "unrecoverable". Furthermore, there are significant problems with obtaining new credits. Will these events are a positive sign for Bitcoins or the European Union could collapse completely?
The need to clean the Italian banks

Italy is not the first nor the last country that gets into a terrible situation with the banks. If the country has cleared its banking system a few years ago, some of the problems could have been avoided. Alas, they did not, and now one in five bank loans in the country, nothing is guaranteed.
Depending on how the situation could develop further, the fate of the Italian government. In fact, there is a fairly realistic scenario, which could lead to kolapsu entire eurozone. Some experts believe that this situation is a much greater threat than Brexit or default of Greece. Current forecasts and estimates suggest that the Italian economy will remain in negative territory until at least 2025.
Of course, you can do the recapitalization of Italian banks, and the amount of funds required for this scenario, it is not astronomical. However, most of these debts will fall on the shoulders of ordinary consumers, which is already bear a heavy debt load. Insolvency bondholders may close the domestic bond market as a whole.
Depending on how this issue will be resolved, Italy may eventually harm the whole of Europe. Thinking his plan to recapitalize banks without the approval of the EU, Italy starts a very dangerous game. And it will be better for everyone if these problems will worsen before, as any delay would make the situation worse.
Investors and entrepreneurs may want to diversify their portfolio in order to avoid significant risks of loss of savings. Perhaps it will be a good chance for Bitcoins, which has already proven itself as a safe-haven in times of crisis.
But how sad is not the situation with the Bank of Italy, in the euro area have even more serious problems in the banking sector. And these problems can have a significant pressure not only on the EU but also for the entire global financial sector.
According to the IMF, Deutsche Bank is the biggest global risk for the whole economic system. It is not the first time there are such statements as Deutsche Bank's position has been questioned in the past three years.
Deutsche Bank may just burst

Among the members of the IMF, it seems, had the unanimous opinion of the Deutsche Bank. The largest bank in the Euro zone is an institution with the largest turnover of currency, totaling more than 55 trillion euros. In spite of this "portfolio" of Deutsche Bank for the second year in a row does not pass the stress test US Federal Reserve. If there is a financial crisis, it is only a matter of time, the DB may send the global economy into a downward spiral.
The IMF in a statement makes it clear that the bank is "the most serious systemic risk factor." Shares of Deutsche Bank continued general downward trend over a long period of time.
"Among the global banks, of Deutsche Bank it is the most significant factor in systemic risk, followed by HSBC and Credit Suisse. In turn, an important financial player at Commerzbank in Germany, is not a factor in systemic risk to the entire world."
In simple terms, if the bank fails, it drags along the entire global financial sector. Europe will feel the brunt of this pressure, but the wave will reach the US and Asia.
The IMF advised the German take a closer look at the plans for the elimination of bad banks, or to ensure that they are in working order. In fact, the German authorities will have to take control of unreliable banks, including a moratorium on the issuance of customer funds. The situation looks very grim, and many financial institutions will follow every movement of Deutsche Bank.
To summarize the situation prevailing in the euro area financial sector, adding here Brexit influence, we can say with confidence that in the Old World came the hard times. It is necessary to take immediate effective solutions and diversification of private and institutional investors.
If Bitcoin will not lose its reputation, it can be a good alternative to traditional assets and become decentralized safe haven for many investors