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European Banks cut 80,000 jobs

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Snow falls at Bankia headquarters in Madrid

 

Spain’s  Bankia headquarters in Madrid

Europe’s top banks cut 80,000 more staff in post-crisis overhaul reported Reuters. The economic implosion in Europe from the destructive design of the Euro is just unbelievable. The politicians will not admit any mistake and still seek to just grab money from depositors to firm-up a mess they created.