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German Banks Are Getting Bailed Out… WTF Is Going On?
A relatively small German cooperative bank is receiving a financial rescue, a bail out, worth as much. The bank, Volksbank Brawo, had €6.5 billion in total assets at the end of last year. It's support package is equivalent to roughly one-ninth of the entire bank. But Brawo isn’t alone. Volksbank Kleverland recently applied for support after reviewing its loan portfolio. WTF is going on in Germany?
Eurodollar University's Money & Macro Analysis
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What if your gold could actually pay you every month… in MORE gold?…
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