Armed Polite Society

Main Forums => Politics => Topic started by: Scout26 on October 13, 2013, 03:39:55 PM

Title: European banks will come clean on hidden losses.
Post by: Scout26 on October 13, 2013, 03:39:55 PM

http://finance.yahoo.com/news/europe-prepares-come-clean-hidden-131235605.html

This will roil the financial markets.   They are all panicking on how to re-capitalize the failing banks.  I've got an idea. 

Let.
Them.
Fail.

The bad loans will go away, and the market will re-capitalize itself.   

It's like swallowing poison, if your throw-up and get it out of your system, you'll recover faster then if you try to hold it in.

Title: Re: European banks will come clean on hidden losses.
Post by: AZRedhawk44 on October 13, 2013, 03:43:33 PM

They are ITCHING to standardize the philosophy of bank bail-ins.  Absolutely SALIVATING to try it.

Want to see $1000 bitcoins, it'll happen here.

Title: Re: European banks will come clean on hidden losses.
Post by: Waitone on October 13, 2013, 09:00:11 PM

Used to be "re-capitalize" = "bail out" 
Not so much now since the peeps are hip to the scam. 

Newest variant
"re-capitalize" = "bail-in"
For those not speaking banker, bail-in is simply confiscation of depositors assets usually with the promise of restoration at interest at some ill defined point in the future.