Blog

As we all know by now, the problems in the European Union are starting to increase by the moment. Many investors are now talking about a complete breakup of the European Union as we know it. The debt problems in all of these nations is simply becoming to much to for the European Central Bank (ECB) and the International Monetary Fund (IMF) to handle. In other words, debt can only bail out debt for so long. Has the debt society as we know it finally come to an end? 

In this weeks report, we will examine three of most important European banking stocks in the stocks market. After all, the problems in Europe and around the world are really a banking crisis and not just a sovereign debt crisis. Austerity measures in Europe have been implemented and the banks continue to struggle. It appears that the one way the European banks could be saved in Europe is by the ECB printing money. However, at this time, the ECB can not print money. Therefore, we shall see if that rule is changed by the end of the year. I suspect in time it will, making the ECB more like the Federal Reserve.