{"id":14385,"date":"2011-08-10T12:09:14","date_gmt":"2011-08-10T16:09:14","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=14385"},"modified":"2016-09-20T18:40:18","modified_gmt":"2016-09-20T22:40:18","slug":"eurobanks-have-you-seen-the-carnage","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/08\/10\/eurobanks-have-you-seen-the-carnage\/","title":{"rendered":"EuroBanks &#8211; Have You Seen The Carnage?"},"content":{"rendered":"<p>European banks are in bad shape &#8211; and this is being VERY kind. With all of the problems that the sovereign nations are facing, the stress on the banks has been increased. Austerity is by far not a good solution for the banking industry. A sovereign default is definitely not beneficial. Cuts to credit ratings is unhelpful. High unemployment cuts into their profits. Basel rule implementation hurts profitability&#8230;and so on.<\/p>\n<p>If you have not seen the actual losses for investors in many of the banks within the EuroZone, here it is. Not a pretty sight.<\/p>\n<p style=\"text-align: center;\">___<\/p>\n<h3 style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick <a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><strong>HERE<\/strong> <\/a>for the virtual tour&#8230;.<\/h3>\n<p style=\"text-align: center;\">___<\/p>\n<p>The average return, year to date is NEGATIVE 26%. Amazing that markets have just started to correct over the past month or so and banks have been in a correction since the beginning of 2011. That in itself was a nice clue that something was not right under the surface.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/08\/banks_whacked22-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14389\" title=\"banks_whacked2\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/08\/banks_whacked22-1.jpg\" alt=\"\" width=\"621\" height=\"354\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/08\/banks_whacked21.jpg\"><br \/>\n<\/a><\/p>\n<p><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/08\/banks_whacked2.jpg\"><br \/>\n<\/a><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/08\/banks_whacked2.jpg\"><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European banks are in bad shape &#8211; and this is being VERY kind. With all of the problems that the sovereign nations are facing, the stress on the banks has been increased. Austerity is by far not a good solution for the banking industry. A sovereign default is definitely not beneficial. Cuts to credit ratings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[80,490],"class_list":["post-14385","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-credit-crisis","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/14385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=14385"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/14385\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=14385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=14385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=14385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}