SUBSIM Radio Room Forums - View Single Post - Eight Banks Fail EU Stress Test with 16 in Danger Zone

Skybird · 07-16-11, 05:25 AM

That "stress" test means nothing, because it has not tested for real stress. No politician in a European government or EU institution would ever agree to or allow a test of banks being run so that it really puts them under real "stress" and runs the risk of seeing them, and with them parts of the whole system, collapsing. This testinmg now was designed to be sufficiently harmless so that it would deliver the politically demanded result.

It is deceiving the voters at home. Not one bit more.

And now, beloved boys and girls, will you please believe the brave Euroticians and go to your banks and buy those f%§$?'$g bonds of theirs immediately, yes?

07-16-11, 05:25 AM	#3
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,830 Downloads: 10 Uploads: 0	That "stress" test means nothing, because it has not tested for real stress. No politician in a European government or EU institution would ever agree to or allow a test of banks being run so that it really puts them under real "stress" and runs the risk of seeing them, and with them parts of the whole system, collapsing. This testinmg now was designed to be sufficiently harmless so that it would deliver the politically demanded result. It is deceiving the voters at home. Not one bit more. And now, beloved boys and girls, will you please believe the brave Euroticians and go to your banks and buy those f%§$?'$g bonds of theirs immediately, yes? __________________ If you feel nuts, consult an expert.