.....
This means that as Italian bond prices tumble, as they are doing now, this leads to bank undercapitalization, and if the price drop is large enough, it could even lead to bank insolvency.
....
It now appears that Europe itself is starting to be concerned worried, because as Reuters reports European banking supervisors have stepped up their monitoring of liquidity levels at Italian banks "more intensely than usual" due to market turmoil in recent days, which has resulted in a sharp increase in the country's government bond yields.
Das wäre dann der Teurocrash durch Bankenbankrott. Passt mir auch gut.
....
For now, the main reason why local depositors have been sanguine in light of plunging stock prices and the accelerating decline in capitalization, is that most are confident that ECB head Mario Draghi would never permit Italian banks to fail, which however in light of the country's populist government may be an optimistic assumption: after all, what better way to teach the new nationalist coalition government a much needed lesson than by sending yields surging even higher and bankrupting one or more banks, focusing public anger on the Di Maio - Salvini government.
und:
....
Which is why while the EU inspectors may find "nothing alarming", they may want to hang around for the next 3 months as we inch ever closer to the day when the ECB will no longer monetize Italian debt, and backstop Italian banks. We would not be surprise if the dreaded depositor bank lines, which Italy has so far avoided, start forming just a few days before said deadline...
Ich habe auch schon daran gedacht, daß man von Seiten der
EUdssr die Italiener via EZB erpressen möchte und denen zeigt, wie schnell
das gehen kann das ihre Banken pleite machen.
Ich kann mit aber nicht vorstellen, daß die EZB wirklich Ernst macht und Italien fallen lässt, denn das wäre ja Selbstmord für den Teuro und die EZB.
Ich wette, die Italiener lassen es darauf ankommen. Spannende Zeiten...
MfG
H.Maier





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