Mises Wire
Author:
Alasdair Macleod
Online Publish Date:
Despite the ECB’s subsidy of the Eurozone’s banking system , it remains in a sleepwalking state similar to the non-financial, non-crony-capitalist zombified economy. Gone are the heady days of investment banking. There is now a legacy of derivatives and regulators’ fines. Technology has made the over-extended branch network, typical of a European