Not surprised to be honest, Italy has been experiencing constant economic trouble and now that the government can't effectively bail them out and the citizens are running around trying to keep their money safe (and spending considerably less) it all comes crashing down.
The Euro was a mistake, to be honest, the system simply doesn't work.
Topic: Monte Paschi Di Siena-Banks Crash (Read 363 times)
Oldest bank in the world,founded in 1427 is going to crash third time from 2009
Yesterday bank stated that he has enough of liquidity for four months of operation
Just few weeks ago bank was telling that he has liquidity for ten months
Investors dont want to help,no money from them,so bailout,but it needs special permision from EU
Yesterday Italy has asked for permission to rise public debt about 20bln euro,still not enough,to keep his banks alive Italy needs about 50 bln euro. Thay count on investors money
So hot time begin started from Italy and btc price jumped over 800$
Itlians have learned,thay are withdrawing money from banks,in last two months thay have withdrawn 6 bln euro only from Monte Paschi,
What foreigne banks are holding Italian Banks bonds,propably Deutche Bank,Citigroup,and a lot of ordinary italian people
In the background are most and most popular anti EU movements ,Beppe Grillo,
It is just beginig,european have learned on Cyprus and Greece example ,thay dont trust banks and his EU politicians
It is begining,btc is going on 1000$ and after we will see
Yesterday bank stated that he has enough of liquidity for four months of operation
Just few weeks ago bank was telling that he has liquidity for ten months
Investors dont want to help,no money from them,so bailout,but it needs special permision from EU
Yesterday Italy has asked for permission to rise public debt about 20bln euro,still not enough,to keep his banks alive Italy needs about 50 bln euro. Thay count on investors money
So hot time begin started from Italy and btc price jumped over 800$
Itlians have learned,thay are withdrawing money from banks,in last two months thay have withdrawn 6 bln euro only from Monte Paschi,
What foreigne banks are holding Italian Banks bonds,propably Deutche Bank,Citigroup,and a lot of ordinary italian people
In the background are most and most popular anti EU movements ,Beppe Grillo,
It is just beginig,european have learned on Cyprus and Greece example ,thay dont trust banks and his EU politicians
It is begining,btc is going on 1000$ and after we will see
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