Outside the Box

Europe: The State of the Banking System

John Mauldin

July 8, 2010

We're bombarded with information from the minute we wake up until the second we fall asleep. I was watching a news network last night for 45 minutes and the exact stories started coming back around. Nothing new to report, but the same topics on repeat, with the rare nominal development.

When I need something different (and relevant to me), I go to STRATFOR.com. They provide deep insight and explanation of events the networks can't begin to tackle. Today I'm including an extensive article on the banking situation in Europe. Enjoy, and sign up for their free email list to receive weekly reports and special offers.

John Mauldin, Editor
Outside the Box

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Europe: The State of the Banking System

From STRATFOR

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PATRIK STOLLARZ/AFP/Getty Images
The European Central Bank in Frankfurt, Germany

Summary

In the last six months, the eurozone has faced its biggest economic challenge to date — one sparked by the Greek debt crisis which has migrated to the rest of the monetary union. But well before the sovereign debt crisis, Europe was…

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