European-Ban-Crisis-Will-Effect-the-U.S.-Economy

200 banks in a whopper have a 5 billion dollar arm market value or more 48 of those bags are in europe so you know you've got 25 percent of those bags are in europe out of that twenty one of those banks are in worse shape than bank of america wise at the height of the credit crisis use white important they are going through a severe crisis right now they are looking at the highest non performing loans dave ever seen your lucky night greater asset shrinkage means people are poor in armani adam a larger larger than i've ever experience debt since you are asset ratios are the highest debt equity that they never had in there bray seem right now for the loss in
history that a problem because you guys briefs headed back in the crisis this is going to spain spain and portugal back in a crisis you have a euro sell back that is not gonna have the ability to bol these bags in the crisis in there going to slip into a very deep deep recession that is gonna pay on comparison to 2008 nobody's talking about it it's been ignored in great park by the us in the us market and don't think for one minute that it's not going to impact the big five year in the united states that have an enormous in normous amount of assets because remember you replace they can get in a year old is in europe and other other out a part of the world 11 or missing out of asset in bed i call them that's not investment with some things in your and you're gonna get hurt and let's not forget at 27 percent of our mortgage is financial sector impossible for this not have an impact on a mortgage​