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You Won't Believe What European Banks Are Doing
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What is it with banks these days? Well, this time it may not be the bank themselves. According to the latest data from the ECB, European depositories are lending loads to non-banks over there. That's not a good sign and in this video you'll see why that is - and why it isn't just Europeans who should be seriously concerned.
Eurodollar University's Money & Macro Analysis
ECB Manual on MFI statistics
https://www.ecb.europa.eu/pub/pdf/other/ecb.manualmfibalancesheetstatistics202402~8e4fc2ccca.en.pdf…
The skinny
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