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Europe Says Europe Has "Lost Credibility"

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 08 Dec 11 9:03 PM | 69 view(s)
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Submitted by Tyler Durden on 12/08/2011 - 11:20 headlines

Deeply philosophical headlines, via Bloomberg, from our European allies:

*GERMAN BDB BANKING ASSOCIATION SAYS EBA `HAS LOST CREDIBILITY'

*GERMAN BDB BANK ASSOC. CRITICIZES EUROPEAN STRESS TESTS

*BDB SAYS STRESS TESTS HAVE NOT HELPED STABILIZE THE MARKET

*BDB SAYS GERMAN BANKS ARE NOT UNDERCAPITALIZED


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http://www.zerohedge.com/news/europe-says-europe-has-lost-credibility




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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