Introduction – I have seen many worry about the British banks since Brexit. However I still am sticking to this idea of stop worrying about the UK worry about the Eurozone. Using the share prices I want to show how the European banks are really struggling (pre and post-Brexit) and how this is where the main concern should be.
[Note – This is effectively a working document. I will make changes and add links as I find them]
I have noticed that everyone has been worrying about the Brexit and its consequences within the UK that they seem to be blinded to the fact the Eurozone has more serious issues at the moment. I think the reason it is being over looked by the British press is because many are looking at everything the wrong way round: They see the Brexit affecting the Eurozone, not what I believe that the Eurozone will affect the Brexit.
The best person to highlight this point is the Netherlands far right leader who said; “Everyone is worrying about the Brexit and what will happen and how long it will take. Well we know it will be 2 years. The real question is will the EU last that long”.
Let me explain what I everyone else has forgotten…