The governor of the Bank of Italy is warning the EU about imposing rules to shield taxpayers from having to prop up ailing banks, warning authorities may be unable to stop contagion in a crisis.
Seems to me that between Brexit, ailing Italian banks and Deutsche Bank's legal and funding problems we are tumbling headlong into a European banking crisis mark3 or is that mark4? I can't remember..... and the markets are wearing blinkers on this one. That's what happens when you juice the horses up they need to run blind. Eshmun
