In 2008 the Turmoil in US lead Europe to chaos, an then the rest of the world.. could this time be the opposite, since the ECB is copy paste what FED does but doing it later while being in a much worst position, speakjng abiut Countries Debt and general Inflation. Could be a huge crunch in the European banking system the trigger this time? ..could some bank like BNP Paribas or Deutsch Bank be the new Lehman, or is EU is irrelevant as is hasn't big volumes like the US?
Discussion
How is it going..?
Since this post Credit Suisse doesn't exist anymore, Germany and France are in depression since a year at least, and their Banks.. are about to be bailed out.