European banks should have been let fail... Facts on the table, please. People should check the statistics first before making such statements. An average US b

European banks should have been let fail... Facts on the table, please. People should check the statistics first before making such statements. An average US bank is probably 12-13% capitalized (own equity Vs total assets. An average European bank is probably 8-10%. It seems less at the first sight, but if you take negative rates into account in Europe Vs positive ones in US, that's not such big difference at all. In general,banks are well capitalized both in US and Europe. Of course, not all apples are good (we're got 3000 or so banks in Europe), some are surely close to going belly up if not the government support (Italian banks, I'm looking at you). But that's a far cry from all European banks should have been let to fail..