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'..It is hard to be sure the massive bank bail-outs of 2008 were such a great idea..'

Posted by ProjectC 
<blockquote>'Deutsche Bank has been wobbly for a year now. Back in July, it announced a slump in profits and revenues. Back in February, the Bank’s co-CEO John Cryan put out a statement re-assuring staff and investors that the institution was ‘rock solid’ amid an earlier slide in the share price. Anyone whose memory stretches back a whole eight years will know that is the kind of thing bank CEOs say about three minutes before the whole thing goes pop.

..

..It is hard to be sure the massive bank bail-outs of 2008 were such a great idea. Perhaps we would be better off now if a few had been allowed to fail..

..

..if she rescues it, the euro might start to unravel. It is hardly surprising that the markets are watching the relentless decline in its share price with mounting horror.'

- Matthew Lynn, The Deutsche Bank crisis could take Angela Merkel down – and the Euro, September 26, 2016</blockquote>


<blockquote>'..The most likely outcome to my mind is a major market correction to bring prices back into line with economic fundamentals. Distortions such as negative interest rates and slow economic growth in the face of super-aggressive monetary policies in many countries suggest that things are way out of alignment, and that the resolution may be a very painful process, and a big shock for many market participants.'

- A. Gary Shilling, The Coming Storm for Global Financial Markets, September 2, 2016</blockquote>


Context (Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..'

<blockquote>Malaysian Province Moves To Gold And Silver-Based Currency In "Main Islamic Event Of The Last 100 Years"

'..the theorem of the economic impossibility of socialism .. is fully applicable to central banks..' - Jesús Huerta de Soto

The Problem of the Freedom of the Banks - By Ludwig von Mises


('The Age of Deleveraging (2012 - 2025)) - '..Few readers believe chronic deflation is in the wings..'

'It remains my view that the global Bubble has burst..'

'..I'm sticking with my forecast of $10 to $20 a barrel..'


(Haptopraxeology) - '..We have lost three centuries as a result of ignoring our scholars!'</blockquote>