Will Italy be bailed out? If so, by who? ECB? Other Euro countries? The U.S?
Greece has been dealing with a heavy crisis for years. With the IMF and massive intervention, Greece has yet to fully collapse. Today the crosshairs are pointed at Italy. Italy is certainly no Greece, however. The sheer size of this country and the magnitude of a serious fall what cause a systemic shockwave throughout the global financial system.
The Sovereign-Bank `Doom Loop’ Won’t Let Italian Markets Escape – Bloomberg
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