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Re: Amikik post# 27529

Monday, 07/25/2016 8:26:28 AM

Monday, July 25, 2016 8:26:28 AM

Post# of 39190
Draghi said they could possibly provide a backstop to the Italian Banks that would take the debt off of their backs. Heck, Cramer said a couple of weeks ago that they will eventually bailout DB and the Italians at the last moment. It is just digital currency that is easily created.....type it in and push enter. They're committed to actions that will do whatever it takes to prevent failures.

However, at this juncture, those EU officials hands are tied because various banking laws prevent them from bailing them out. But, I think they would change the laws when collapse is near.