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RE: (Video) 2 Italian Banks Just COLLAPSED! Government to Begin Asset FIRE SALE!
The banks are pretty small so it should be pretty contained. The EU isn't as healthy as it's made out to be.
The banks are pretty small so it should be pretty contained. The EU isn't as healthy as it's made out to be.
These banks will not cause a collapse but what I would like to know is that if one failure will ultimately lead to the next...
That's true - like how the 08 crisis was caused by a failure of a few small banks that eventually brought down the big ones.