ITALIAN BANKING CRISIS UPDATE: ITALY BANK BAD LOANS ROSE TO EU200B IN MAY: BANK OF ITALY!!!p.4

Is this the reason for the swift decision to make Theresa May prime minister on Wednesday ?

Italy's banking sector is looking increasingly vulnerable and analysts are starting to fear that the euro zone's third largest economy could "go under," warning of the potential for bank runs, credit rating downgrades and the threat to the wider European banking system.


[link to www.cnbc.com]

Last Edited by TriggerFish on 07/11/2016 03:43 PM

LOL. Yup.

Oh noes

I agree but my nonna has been telling everyone to take their money out for awhile...

Exactly. When they tell you not to panic, it's time to RUN!

This is how it may play out: the Euro falls, and the dollar rises due to capital flight. Eventually the dollar will fall as well.

I'm so glad I had a chance to live in Europe before all this craziness. Like seeing beautiful Beirut before it all went sideways!

Whateves, Italians are EU NATO TARDS

This is a thread with no usefulness, I live in Italy and I confirm no run on banks today. Everything has been fine here today, even stock market.
One day, when the collapse will hit Europe, italian banks will start falling, that's true, but there is still a good amount of time before that, so everyone should stop worrying about it, even if we obviously appreciate it.

P.S.: tomorrow it will another fine day, so doom off even tomorrow, and it will still be so for for the upcoming months, now that Japan just announced the helicopter money, and the stock is soaring. Everyone seems to be happy, for now... until the game will break for real, someday in the future, sooner or later.

A few thousand rds of 223/556 ammo I will take from the liberals when the SHTF

This quote would suggest otherwise...
"Shares of the three biggest Italian banks have lost a third of their value in the past two weeks. Monte Paschi has been the worst of them, with a 66% chance of defaulting"

Read more: Italy May Spur a European Bank Crisis (DB) | Investopedia [link to www.investopedia.com]

Numbers don't lie, people do

.

The title of this topic is clear:

ATM machines are being emptied. A run on banks is beginning in Italy!!!

Everything was fine today, no bank runs, no ATM being emptied, and it will be so even tomorrow. I will wait for the proofs which would show the contrary. Good luck for those willing to search for them, because those simply don't exist.

The liar is the one who decided to gain some $ posting an article stating something absolutely different from reality, as I repeated above.

I've some shares in the stock market, so I know that during the last weeks there has been a good sell-off of financial shares, but I repeat, the title of this topic is wrong:

ATM machines are being emptied. A run on banks is beginning in Italy!!!

I'm insisting, because this is called misinformation. So, everyone worried about a possible bank run in Italy today, should be less worried, because today nothing special happened and the same will be for tomorrow, but I appreciate it anyway.

Now that helicopter money has been announced, stocks will gain a good amount in the upcoming days... because stock market is completely manipulated, but that's how things work, even if we don't like it.

The Italians don't want to wind-up like the Greeks who waited until it was too late to withdraw their money from the banks, then their money got "bailed-IN".

And from last month. And from last year. And for the last five years.

[link to www.independent.co.uk]

Italy faces two decade-long recession after Brexit shakes growth prospects, IMF warns


The outcome of last month's referendum in Britain has heightened volatility on financial markets and increased downside risks for Italy, according to the IMF

Deadly train incident in Italy a diversion of looming bank collapse?

The article states its at 360 Billion €

No i don't belive... they have already too much problems to resolve.

DEUTSCHE BANK AND CREDIT SUISSE EXPELLED FROM LARGEST STOCK INDEX IN EUROPE!

Post by Newsroom