Dead Bank Deja Vu? How The Sovereigns Killed Their Banks & Why Nobody Realizes They’re Dead | ZeroHedge

US and European regulators are essentially forcing banks to buy up their own government’s debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says. Regulators are allowing banks to escape counting their country’s debt against capital requirements and loosening other rules to create a steady market for government bonds, the study says.

via Dead Bank Deja Vu? How The Sovereigns Killed Their Banks & Why Nobody Realizes They’re Dead | ZeroHedge.

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