EU Banks See Record Collapse In Loan Demand
https://www.zerohedge.com/markets/eu-banks-see-record-collapse-loan-demand
EU Banks See Record Collapse In Loan Demand
https://www.zerohedge.com/markets/eu-banks-see-record-collapse-loan-demand
If lending is the core of the banking industry, what will happen to the poor banks? 🤨
I’m not sure if this is a bad thing or a good thing. Which was is up and which way is down?
Probably nothing
First through inflation, then through deflation... the banks will deprive the people of all property. -Thomas Jefferson
At what point do you think something breaks? Or has it already, and we just don’t see it yet?
nostr:note12q2tyrkzym09pgm5z7s2aramfck3j9yadgc5rfyqc4tclwwd49zsxp2dp8
LOL literally just a couple of hours ago, one of the banks I use for legacy stuff called me (first time ever) to "follow up" on a loose and informal enquiry I did several months ago about getting a loan (yes, to buy BTC -- I never told them, obviously). I told the lady that with the current rates I'd rather not borrow anything (from them).
It’s just math.
Saturated market!