Jump to content
House Price Crash Forum

Twenty European Banks Nearly Went Bust Last Week


Recommended Posts

http://bullmarketthinking.com/exclusive-interview-jim-willie-the-public-will-not-wake-up-until-at-least-1-million-private-accounts-are-stolen/

In the interview he describes a source "Deep in the German banking system" told him twenty simultaneous Lehman type bank implosion almost happened last week.

He was enquiring as to which single bank nearly went under, so the answer surprised him.

It would reflect a truth underlying this move by the CBs which can only be described as total panic.

Nick

Link to comment
Share on other sites

http://bullmarketthinking.com/exclusive-interview-jim-willie-the-public-will-not-wake-up-until-at-least-1-million-private-accounts-are-stolen/

In the interview he describes a source "Deep in the German banking system" told him twenty simultaneous Lehman type bank implosion almost happened last week.

He was enquiring as to which single bank nearly went under, so the answer surprised him.

It would reflect a truth underlying this move by the CBs which can only be described as total panic.

Nick

Any clues as to the names of the banks? The source,if accurate, perhaps suggests at least a German one?!?!

Link to comment
Share on other sites

http://bullmarketthinking.com/exclusive-interview-jim-willie-the-public-will-not-wake-up-until-at-least-1-million-private-accounts-are-stolen/

In the interview he describes a source "Deep in the German banking system" told him twenty simultaneous Lehman type bank implosion almost happened last week.

He was enquiring as to which single bank nearly went under, so the answer surprised him.

It would reflect a truth underlying this move by the CBs which can only be described as total panic.

Nick

I know of 2 banks that thought it was the end of the world early last week, can't reveal the names but they weren't German. It doesn't really matter though, 3 or 4 large banks going under whatever nationality will drag the rest down.

Link to comment
Share on other sites

Interbank lending frozen, credit crunch is so totally on.

Nick

BofE going to turn the magic money machine on to keep the home fores burning or is there a good reason why they can't? As they don't give a s**t about inflation unless it affects their own wedge or their own (index linked) pension

Link to comment
Share on other sites

http://bullmarketthinking.com/exclusive-interview-jim-willie-the-public-will-not-wake-up-until-at-least-1-million-private-accounts-are-stolen/

In the interview he describes a source "Deep in the German banking system" told him twenty simultaneous Lehman type bank implosion almost happened last week.

He was enquiring as to which single bank nearly went under, so the answer surprised him.

It would reflect a truth underlying this move by the CBs which can only be described as total panic.

Nick

Adding a note of optimism, the extra CB funds that were ANNOUNCED last week only came into effect Monday 5th December.

So, if there were 20 imminent bank busts LAST week why didn't the happen ?

Link to comment
Share on other sites

Jim Willie :lol:

Same Jim Willie that has been told by his sources that the COMEX will be broke every day for the last 4 years?

Same Jim Willie that has been told by his sources that the US embassies are stuffed with currency ready for the imminent bank holiday as the dollar crashes for the last 4 years?

He has an agenda - a pretty obvious one.

Link to comment
Share on other sites

Adding a note of optimism, the extra CB funds that were ANNOUNCED last week only came into effect Monday 5th December.

So, if there were 20 imminent bank busts LAST week why didn't the happen ?

Secret banks loans?

Perhaps the plans announced had come into effect earlier?

What would be interesting is to see what's happening to leverage ratio's. As leverage increases debt becomes a bigger problem.

Link to comment
Share on other sites

Secret banks loans?

Perhaps the plans announced had come into effect earlier?

What would be interesting is to see what's happening to leverage ratio's. As leverage increases debt becomes a bigger problem.

I can think of a simpler reason.

'That the 20 banks on the brink' is just a headline to grab attention for some ******** journo full of his own self-importance to make up

for the fact that he has small willy.

Link to comment
Share on other sites

I can think of a simpler reason.

'That the 20 banks on the brink' is just a headline to grab attention for some ******** journo full of his own self-importance to make up

for the fact that he has small willy.

Have you not considered if you was to leak information this is the way to do it? It then gets dismissed because it's from a poor source.

The action of last week happened for a reason, whether it was to stop it from reaching this point or if we really where at the brink we won't get to find out for a while.

Link to comment
Share on other sites

Have you not considered if you was to leak information this is the way to do it? It then gets dismissed because it's from a poor source.

The action of last week happened for a reason, whether it was to stop it from reaching this point or if we really where at the brink we won't get to find out for a while.

You could be right.

I could be right.

We're just plebs - let's face it - we'll never know.

What happened to just telling the plain truth !!!

Link to comment
Share on other sites

Guest unfunded_liability

Jim Willie :lol:

Same Jim Willie that has been told by his sources that the COMEX will be broke every day for the last 4 years?

Same Jim Willie that has been told by his sources that the US embassies are stuffed with currency ready for the imminent bank holiday as the dollar crashes for the last 4 years?

He has an agenda - a pretty obvious one.

+1 (reluctantly)

Link to comment
Share on other sites

+1 (reluctantly)

Just because he some things wrong, doesn't mean he is ALWAYS WRONG.

Equally,CBs actions suggest just this.

Also, if you actually listen to it, the story he tells around it sounds very authentic.

I don't care that he sounds amped up.I've got no reason to accept his MF Global tanked for avoid Comex default for example.

But if " Two banks thought the world was ending last week" and more, why not?

If you think its BS, that's fine too. Just some food for thought.

Nick

Link to comment
Share on other sites

Something bad happened.

It was to do with banks.

and its going to get worse...as the Shadow bankers all try to outdo one another...probably easier to earn fees selling CDS on Piigs bonds than it is to earn real interest.

Of course, the more CDS there is, the less liquid even that market becomes...god help them if there need to be a payout.

Link to comment
Share on other sites

http://bullmarketthinking.com/exclusive-interview-jim-willie-the-public-will-not-wake-up-until-at-least-1-million-private-accounts-are-stolen/

In the interview he describes a source "Deep in the German banking system" told him twenty simultaneous Lehman type bank implosion almost happened last week.

He was enquiring as to which single bank nearly went under, so the answer surprised him.

It would reflect a truth underlying this move by the CBs which can only be described as total panic.

Nick

I did say on another thread a few days ago that the European banking system effectively collapsed last week

And was only saved by an infusion of hundreds of billions of Dollars

So much for the Euro replacing the Dollar as the World's reserve currency

:lol:

Link to comment
Share on other sites

I did say on another thread a few days ago that the European banking system effectively collapsed last week

And was only saved by an infusion of hundreds of billions of Dollars

So much for the Euro replacing the Dollar as the World's reserve currency

:lol:

Do you have any clear proof of that or is it just what you suspect ?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.