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Next Leg: The Counterparty-Led European Bank Run!
On Saturday, 23 July 2011 (nearly two years ago I penned the seminal piece ‘The Anatomy Of A European Bank Run: Look At The Banking Situation BEFORE The Run Occurs!‘. In it, I ran down the causes of bank runs in both the EU and the US (Bear Stearns/Lehman, both failures I predicted months in …