KW: The question is ‘just how long can this go on for?’ With central banks simply able to print currency to bail out (give) banks I think it will go on for a long while yet – unless and it is a big unless someone in the bank trading casino’s makes a mistake, then all cards are off the table

David Folkerts-Landau, the chief economist of Deutsche Bank, has called for a multi-billion dollar bailout for European banks. Speaking to Germany’s Welt am Sonntag, the economist said European institutions should get fresh capital for a recapitalization following a similar bailout in the US. What he didn’t say is that the US bailout took place nearly a decade ago, in the meantime Europe’s financial sector was supposed to be fixed courtesy of

Source: Deutsche Bank’s Chief Economist Calls For €150 Billion Bailout Of European Banks | Zero Hedge