BCS - European Vs. American Banks In 2018: A Tale Of 2 Very Different Animals
Background
On one hand, we have the US - master of the (investment) universe and the greatest power, ruling the world. Having full control over its monetary system and the most in-demand currency (UUP) worldwide allows the Federal Reserve to take decision, freely and independently, when necessary and as it deems suitable.
On the other hand, we have Europe - a continent that is struggling to stem the many holes it has in both the political and financial systems. With a unified monetary system, the ECB has a "mission impossible" type of