Big yes so in particular these are the European Banks we see the European Banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j. P. Morgan and dorsey bank at the beginning of this financial crisis in 2008 they were roughly the same size now j. P. Morgan is about 10 times the size of of Deutsche Bank since the financial crisis and this is partly because of e c vs intentional policy as you mentioned you know that its a simple easy game right of banking do you borrow short term from the fed or the treasury or the e. C. B. And you lend long to mortgage holders and stuff like that the 10 year bonds yield it around 1. 00 Percentage Points more than 2 year issues in historical terms currently the difference is just under a 0. 2 percent so theyre losing money hand over fist theyre not able to pass it on to their clients right now theyre trying to pass these costs on to. Theyre High Net Worth clients because those are the o
Referenced you can make any difference between the difference between different time values of money and so now this is the end game of monitor there is asian and neo liberalism we get to watch it now life time the social fallout will be spectacular we already see uprisings all over the world get ready for the global insurrection against banker occupation so break up fireworks maybe its time to go big yes so in particular these are the European Banks we see the European Banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j. P. Morgan and Deutsche Bank at the beginning of this financial crisis in 2008 they were roughly the same size now j. P. Morgan is about 10 times the size of of Deutsche Bank since the financial crisis and this is partly because of e c bs intentional policy as you mentioned you know the its a simple easy game right of banking do you borrow short term. From the fed or the treasury or the e. C. B.
And everybody gets eaten you know theyve destroyed the economy in so many ways there was only one place to go and that was to destroy themselves and now these banks are imploding the Interest Rate model is dead as talked about as referenced you can make any difference between the difference between different time values of money and so now this is the end game of monitor there is asian and neo liberalism we get to watch it now life time the social fallout will be spectacular we already see uprisings all over the world get ready for the global insurrection against banker occupation so break up fireworks maybe its time to go big yes so in particular these are the European Banks we see the European Banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j. P. Morgan enjoys a bank at the beginning of this financial crisis in 2008 they were roughly the same size now. J. P. Morgan is about 10 times the size of Deutsche Bank
Morgan is about 10 times the size of of Deutsche Bank since the fan actual crisis and this is partly because of e c vs intentional policy as you mentioned you know that its a simple easy game right of banking do you borrow short term from the fed or the treasury or the e. C. B. And you lend long to mortgage holders and stuff like that the 10 year buns yield it around 1. 00 Percentage Points more than 2 year issues in historical terms currently the difference is just under a 0. 2 percent so theyre losing money hand over fist theyre not able to pass it on to their clients right now theyre trying to pass the these costs on to their High Net Worth clients because those are the ones with a lot more money but heres a quote from the article that is exactly quoting from like kaiser what weve talked about and how radical the situation is at the moment people dont understand like how radical Central Bank Policy has been since the. Financial crisis and they say historically banks need money out o
Deeper to hit the stories that Mainstream Media refuses to tell more than we need to be smart we need to stop slamming the door on the bad and shouting past each other its time for Critical Thinking its time to fight for the middle for the truth the time is now for watching closely watching the hawks. Join me every thursday on the alex salmond shill and ill be speaking to guest of the world of politics Small Business im show business ill see you then. This is boom bust broadcasting around the globe and covering the world of business and finance and the impact upon us all. And im in washington and the like i was on saturday market watch it around the world are focused on the state of our minutes again today as the u. S. President imposes sanctions over the downy of u. S. Military drone rick rule of sprott holding on hand to help us tap into the consequences of a conflict on oil prices and what we can expect in effect are going forward. The middle east while it isnt the only concern for