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by mardifoufs
1548 days ago
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Is this a joke? European banks are much much more yield starved than their American counterparts. Your bonds have negative yield and pretty much every type of investment is more profitable in the US than in Europe. That's why big EU banks like Deutsche Bank or Credit Suisse have been severely underperforming, and thats why housing bubbles in Europe are much more severe (Spain, Greece, Portugal, etc) You are literally describing the opposite of the truth. |
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Nothing, not even the Londongrad bubble, is as excessive as the US housing crisis.