Troy McClure
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I was reading how some economists believe that Europe can only get better if there is huge debt writedowns and some of Europes banks are allowed to fail to purge the system. As much as politians are trying to save the Euro that this is the elephant in the room and nothing will be fixed without it.
If this were to be the case what banks are not mired in debt? in the eurozone or outside of it or anywhere. Starting in Europe and also looking worldwide what banks are strong enough not to be effected by such a senario.?
If this were to be the case what banks are not mired in debt? in the eurozone or outside of it or anywhere. Starting in Europe and also looking worldwide what banks are strong enough not to be effected by such a senario.?