(cont) So what else could be going on? As previously mentioned, they might be merely trying to establish the precedent of 'bail ins' rather than bail outs, and are ginning up a limited crisis to accomplish that goal.
But there is another more sinister possibility that involves our old nemesis 'Perfide Albion', ie the treachery of British/City of London. Think about it, the European Union is dominated by Germany. Who historically is Germany's biggest enemy? Who decided to undermine the European Union's future by orchestrating the Brexit referendum? Who wants to see the European experiment fail? The City of London of course, and their remaining contingent of compadres on Wall Street.
In the 1960s, Charles de Gaulle fought to keep the British out of the European Common Market because he knew from history that the treacherous City of London could never be trusted and would never fully participate in a united Europe. The British Empire had conspired for centuries to weaken its continental rivals by maneuvering them into endless warfare and strife.
In more recent times, we know it was the UK/US axis that got the ball rolling attacking the Euro via it's weakest link Greece. Then the City of London orchestrated the Brexit. Now Germany's biggest bank is on the ropes in part due to a huge SEC fine from the US.
After helping orchestrate two World Wars in Europe to weaken it's emerging rivals (Germany and Russia), is the UK/City of London up to its old treachery again? It's probably at least a factor, within a more complex set of factors.
AI
