Tag Archives: 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

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. Continue reading