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January 05, 2012


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Hmmm ... nothing on systemic risk? How about,

* a major European clearing bank goes bankrupt (or equiv. shock),
* is handed over to the central bank to rectify,
* regulators discover they cannot deal with it,
* they fiddle, rome burns (a.k.a. contagion...)
* throw away any other lists we might have.

Not trying to be snarky or anything, but anything that ignores the Europe-is-bankrupt situation seems to be hopeful at best.

Chris Skinner

Hey Ian

I do say that the Europe situation continues with bank failures and a country leaving the Eurozone.

I just don't think the systemic risk / contagion will happen as Germany, France, USA, Japan and China won't let it.

In other words, the Eurozone continues as a shadow of itself, redefined and weakened under a new treaty, propped up by leadership that won't let it die.



Just come across the 4x outlook pieces from Jan and very useful thay are too, however, the Banking Technology link is not working, taking readers to the banking outlook.
Can you resurrect so I can read your thoughts.

Chris Skinner



Thx, Chris

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