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The Masked Tulip

Are Europe's Banks Safe

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Answer: no.

Solution: Printy Printy.

Insane.

Stress testing how banks would fare if housing prices fell!!!

FFS they didn't ask this before? We have retards in control of our economy and potentially banks.

Worth every penny of the 6 figure salaries are they? Serious question.

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Insane.

Stress testing how banks would fare if housing prices fell!!!

FFS they didn't ask this before? We have retards in control of our economy and potentially banks.

Worth every penny of the 6 figure salaries are they? Serious question.

Be fair- the last time houses fell in value was way way back in the 1990's- who could possibly be expected to factor such ancient data into their models. :lol::lol::lol:

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Safe is the bit where they give you your money back.

Not entirely - safe is when they can give you your money back when you ask for it (which of course they can't do if everyone asks at once for some reason).

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Guest spp

Euro Zone = welfare state on a massive scale.

Looks like the German public are waking up to it though. ;)

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"Not entirely - safe is when they can give you your money back when you ask for it ...."

Please forgive me for being a shocking square.

I had thought about the, "when you ask for it" bit.

I felt that was implicit.

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"Not entirely - safe is when they can give you your money back when you ask for it ...."

Please forgive me for being a shocking square.

I had thought about the, "when you ask for it" bit.

I felt that was implicit.

Fair enough, it's certainly a reasonable assumption. I added the 'when you ask' bit to highlight the time value of money issue.

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Europe's banks are safe, as indeed are their banking counterparties in foreign lands.

Europe's taxpayers, on the other hand...

B)

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Insane.

Stress testing how banks would fare if housing prices fell!!!

FFS they didn't ask this before? We have retards in control of our economy and potentially banks.

Worth every penny of the 6 figure salaries are they? Serious question.

Why did they need to test before? It was a new paradigm where house prices only ever went up. It was a fool proof business model.

To do a test like this would be to deny the new official economic paradigm.

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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