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Updated almost 14 years ago on . Most recent reply

Rich Weese's profile image
Rich Weese's profile image
Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
  • Member since Sep 25, 2008
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Rich Weese's profile image
Rich Weese's profile image
Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
  • Member since Sep 25, 2008
Connect
Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,499
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5,700
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Private Lending & Conventional Mortgage Advice

Foreign bank problems

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

I've been doing some research. Suppose Greece, Ireland or Portugal goes under and no bailout by Euros.
1. Will this take down France and/or Germany banks?( we only have about 30B in Greece aide,in banks.(I believe)
2. If France or Germany were to go under, does this start the dominos falling or would our U.S. banks survive.

I'm taking no side so just respond to questions-not shoot at the questioner. Thanks. Rich.

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