One of the biggest focus at this point in the economic world is the Spanish bank Bankia. A bank so powerful and large... and in trouble,that the entire Greek bad bank sector has a lower need for capital. Now in all this turmoil, Bankia manages to squeeze money from the European Central Bank to cover it's gaps, and if you have a little idea about what's happening within ECB, you also know that the cash cow there is Bundesbank, the German central bank. In this colourful dance, the party stops when Bundesbank stops playing.
Bankia needs money, and usually it can make use of the ones coming from companies and people using their services along with the bonds that carry Bankia banner. But they just need way more than that and fast. As a collateral measure, Bankia has assets such as real estate,down to football players which can be sacrificed if ECB asks. The stock went down by 350% in the last year and it keeps struggling. But in my opinion, and I'm not the only one having it, despite the downgrade in rating done by the ones analysing the depths of the problem, Bankia is now on a "buy" stand. Meaning that if you are bored, like the thrill of the hunt and enjoy the stock market, now is the time to add some Bankia to your portfolio. I am convinced that this bank won't fall, and that it will pull back up. Certainly not as fast as it fell, and not without sacrifices, but time will tell the whole story.
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