Mish/ Mike Shedlock – Full Fledged European Bank Run;ECB Deposit Insurance Is Not The Answer; How FDIC Played A Part In The US Real Estate Bust; Monetarist Fools Are Everywhere; Believe In Gold – 21 May 2012

One chart is all it takes to prove a full-fledged European bank run on the banks is well underway in the Club-Med countries and Ireland.

click on chart for sharper image
The above chart is from the Financial Times article The anatomy of the eurozone bank run by Gavyn Davies.

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