Italian banking system

The War of the 7 years to our savings.

Of Bagnai tree
In the my last contribution to Radio Me too you will have heard me claim to have noticed the problems of the banks a little before those who are now tearing their clothes (the “spread predictions”, as @lemasabachtani calls them on Twitter).
This applies to bail-in (That I reported to my readers shortly before its approval) and it applies to a pre-existing problem, bank bad debts (which you also see called NPL: non-performing loans), whose growth is due to austerity, today recognized by the Abi and by other posthumous mainstream priests, it was foreseen by me in first of many QEDs on the blog.
Appreciate the honesty of the web, which allows those who have seen before (predicted) to prove it, putting those who had the obligation to be foresighted and vigilant faced with the shame of their own non-compliance: if a "provincial professor" like me came along, because there were no institutions with prestigious study centers and analysts? Read More