via @dlacalle_IA:
There is no such thing as “orderly exit”.
Four charts that explain why Italy leaving the Euro would create a financial crisis of gigantic proportions.
. Holders of Italian debt
. Government spending
. Maturities
. Non-Performing Loans
Face it, the Phillips Curve is a joke
via @amital13:
Debt crisis in Italy in the coming weeks? The ECB is lowering its support in the market, and Italy’s bond yields are behaving as in previous times The bank is the only buyer in the Italian bond market Thanks for @guado77 your attention @zerohedge @dlacalle_IA @markets #EURUSD
