Anyone thinking that the worst is over for the banks, think again. For a start they all have shares in each other. There revenue stream is drying up. There cheap borrowings and available resources are drying and there bread and butter of people savings, building homes and buying Real Estate are about to be hit hard. This is stage 2 of the domino effect and will lead to further capitulation when they either drop or abandon there dividend. This is what really started the depression.
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- the banks will continue to drop
the banks will continue to drop
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