Italy is a major problem for the EU as well as the world in a ripple effect. It will be felt everywhere as more banks fail. More corporations fail. More debt piled up.
A solution will be provided. Sell the assets for pennies on the dollar.
What do you think about countries purposely being put into a DEBT TRAP only to have their assets confiscated?
There was a time when nations ruled themselves. Today however, we have a technocratic elite group who preside over many countries and dictate everything that will go on. They intentionally cause a crisis in a country only to capitalize on the failure at a later date. Hang on, it’s going to be a bumpy ride.
Italy’s election: How the economy is performing – BBC News
Italy’s Bank Bailout Serves German Interests Too – Bloomberg
Santander buys ‘failing’ Spanish bank for €1 – Jun. 7, 2017