Bank crisis in Italy may spark ‘doom loop’ for UK, warns Bank of England

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A fresh banking crisis in Italy could spark a devastating “doom loop” that threatens UK financial stability, the Bank of England has warned.

 

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So the latest Bank of Mark Carney forecast is that UK banks will be stuffed if French / German banks are stuffed? So we’re stuffed if Europe is stuffed? And we should remain in the EU to be stuffed in symmetry. Genius - the Inspector Clouseau (without the charm) of central banks.

There's a crisis in Germany, Japan, Ireland, Spain, Portugal, Greece, Cyprus, US, UK the world is quite simply bankrupt

The Happy Larrys of the Bank of England yet again! Yawn

Bullshits...our banks are solid after all the stress-tests made already...if there is an ill bank in Europe, that is Deutsche Bank as you know very well....

telebusiness Always reading about 'warnings' from Bank of England. Do they actually ever materialise?

Brexit has started doom loop here

There’s more than a chance it could & the reasons more malign than benign. Italians and Germans alike kicking back. Another reason to leave the EU, strike new deals and at least try and mitigate/limit the damage against the the damage we’re exposed to.

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