Emerging Market Contagion Hits Italy! Source Claims ECB Will BAILOUT Italy!

What do you think will happen to Italy? Bailout? Or they’ll recover?

 

Emerging markets are looking very weak right now and cannot reverse this any time soon. But what is not ever understood or anticipated is the counterparty risk. Each country buys the debt of another country, effectively making it connected. A problem for one, is a problem for another.

 

Italy Denies Reaching Out to ECB for Help on Bond Purchases – BloombergQuint

www.bloombergquint.com/global-economics/2018/08/29/italy-reportedly-reached-out-to-ecb-on-new-bond-purchase-plan#gs.6C4Dp3k

2018-08-30_8-32-04.jpg (890×471)

www.zerohedge.com/sites/default/files/inline-images/2018-08-30_8-32-04.jpg?itok=LGVY45m8

We are primarily funded by readers. Please subscribe and donate to support us!

2018-08-30_8-34-19.jpg (890×465)

www.zerohedge.com/sites/default/files/inline-images/2018-08-30_8-34-19.jpg?itok=zkA6EORZ

2018-08-30_9-20-16.jpg (890×466)

www.zerohedge.com/sites/default/files/inline-images/2018-08-30_9-20-16.jpg?itok=7WFacBfF

chartoftheday_15264_share_of_people_very_somewhat_proud_to_identify_as_european_n.jpg (960×684)

infographic.statista.com/normal/chartoftheday_15264_share_of_people_very_somewhat_proud_to_identify_as_european_n.jpg

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.