EUROPE’S STOCK MARKETS and the euro have slumped on renewed fears of contagion following the collapse of Silicon Valley Bank.
“The financial sector in Europe is under significant turmoil today as a result of SVB’s fallout,” noted Naeem Aslam, chief investment officer at Zaye Capital Markets.It follows the demise over the weekend of US lenders SVB and Signature Bank – the biggest casualties since the global financial crisis of 2008.
Bank shares tumbled across Europe, with Germany’s Commerzbank and France’s Societe Generale and BNP Paribas shedding more than 10 percent. British lender Barclays gave up about 7%.
Of course a crash is imminent. We weren't born yesterday.
You have no vision, a robot with a rusty battery
Investors all over the world collectively sighing with relief now that Varadkar has voiced his very important and respected opinion on something important.
Well that means their definitely will be one
He should ask the EU what he should think
We've heard that before from FG tds in 2007. Getvready to suffer more austerity as the bonus club get bailed out again, covid and the war to blame this time
Crap...if a politician says this then we know a crisis is coming
The Soft landing club
That's OK then,we can all sleep well tonight..
🤣🤣
Thats the Kiss of Death so............ Buy Gold......or Lithium...!!!!!!!!!!!!!!
So we can take it that there will definitely be another banking crisis in the US & EU
Well we didn't envisage him as Taoiseach again but here we are.
Crash is coming😎😎😎
Does this lad understand how rising interest rates affect asset prices?
Does not mean that the tourist industry will not be in crisis due to high crime in both the US and Ireland due to illegal unvetted migrants? But that does not happen in Hungary or Australia because their leaders have it under control.
Again publicly lying again
He's generally wrong about most things
So that’s a definite yes then
Euro is crashing against the dollar. Oh well
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Was he practicing a comedy routine or something?
What the heck would he know?
Did not know he was an economist also.
Sure to happen so. What a stupid lying leader we have be default
Ha ha heard that one before 😱
Having listened to leaky and biffo last crash no imf in this country while they were walking up the steps of department of finance I think I will get prepared for it🤔
I still can't believe this cretin is our Taoiseach again.
When it does happen he'll deny he said that!
What would he know about it ffs
The man hasn't a clue ,the Euro banks a full of Government bonds as reserves ,they are toxic as rates rise .
Noonan said the same not that long ago. Do you believe a Politician.
Another soft landing?
Wouldn’t take campaignforleo financial advice …. Maybe paschals or Michael’s
We’re so lucky he knows it all, he runs the country well, apart from record homeless, health, rents, energy/fuel, food etc but in Leo’s fantasy world everything is ok. 👍👍
Hold on to your hats
Ha ha
PMSL , we are fcked now
Another one bites the dust
Here we go again another banking scandal / possible collapse again. Reset on the horizon
Bitcoin fixes this
Ohhhh… Credit Suisse is waaaayyyyy worse. And nobody has a clue what really sits on their derivative books.
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