It seems that now even the oldest bank of the world, MONTE DEI PASCHI, is in trouble. This bank was founded in Siena before 1492.
I do not know but sometimes I have the feeling that we are not just in front of an eurocrisis. We are in front of the fall of Europe.
I have the feeling as if this was the end of Europe as there was at one time the end of the Roman Empire.
I hope to be wrong.
- Europe Crisis Engulfs World’s Oldest Bank (online.wsj.com)