There’s a pervasive sense of inevitability to Italy’s banking crisis.
Shaky banks doubled down on Emerging Market bets that are now souring.
More Pain, But No Gain in Store.
Consumer rights v. broke banks: guess who just lost.
The banking crisis jumps to the next level.
Worst Day for Italian & Spanish stocks. Banks massacred.
Past a possibly messy Brexit & elections in France and Germany.
Wealth redistribution in progress.
The shares of Banco Popular got crushed.
“Europe is caught in a trap.”