Consulates and the Vatican in chaos as HSBC says find another bank

Interesting development, especially with Deutsche bank on life support, Introduction of Australian Banking Levy to protect against Banking collapse, 1200 tons of gold going 'missing' from UK, Im not an economic guru but it seems the planets are aligning.


As one of the comments states, why would you throw out the Vatican who's cash position is incredible.
 
lol, yer well with power prices the way they are its not going to be "There is a light that never goes out!"...

Nice1 earth lol
 
I think they just found out about 'Sovereign Risk'.


A centuries old banking quotation,

"If you lend to a nation stronger than you, consider it lost".



OC
 
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