European banks have added a massive amount of government bonds to their holdings. At the same time, they refuse to lend into the real economy. Europe's depositories are hardly alone as we see the same defensive behavior all over the global system. There is only one reason why they all have become so incredibly defensive.
Eurodollar University's conversation w/Steve Van Metre
WEBINAR DEC 11 w/Jim Rickards
Sign up: https://event.webinarjam.com/register/26/x671piml
Black Friday/Cyber Monday Sale at Eurodollar University
https://www.eurodollar.university/black-friday
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.