ECB Admits 5 Banks Don’t Meet Capital Requirements; Cockroach Theory Does Not Stop at Five

(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

mishtalk.com / Mike “Mish” Shedlock / February 21, 2016 1:30:38

The ECB just announced that five banks do not meet capital requirements.

If the ECB admits five, how many are there? Five? Ten? Twenty? A hundred?

If you know the answer, you certainly know more than me.

READ MORE

The post ECB Admits 5 Banks Don’t Meet Capital Requirements; Cockroach Theory Does Not Stop at Five appeared first on Silver For The People.

Thanks to BrotherJohnF

• After Blowing Up Its Clients With Its “Top 6 Trades For 2016”, Goldman Has A New Trade Recommendation
• Legend Issues Dire Warning About A Terrifying Future And The Trigger For Total Global Collapse
• Three New Postings
• Germans Cheer As Refugee Center Burns, Crowds Stop Firefighters From Extinguishing Blaze
• SHTFplan: The World Is Hoarding Gold: “This Was Just A Taste Of What’s To Come”
• Interview with Mike Swanson, WallStWindow
• Marc Faber on Negative Interest Rates
• S&P/TSX Composite index: Fairfax Financial Holdings Ltd (TSE:FFH) and the Prem Watsa $Billion Put
• Fannie Mae Needs Another Bailout
• Rigged game! Hillary declared winner in Nevada!