Wednesday, July 27, 2016

What Would Happen If .. 
"A bigger problem for the ECB and all European domestic banks is if the BIS were to actually change the rules on zero risk weightings for all sovereign debt since the Italian central bank and domestic institutions are loaded with Italian government bonds in a county with a debt-to-GDP ratio of 136%. HMMMM."
- Yra Harris
link here to the commentary

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