The Cabinet includes Di Maio and Salvini – who has pledged to expel hundreds of thousands of migrants – “My commitment will regard the security of 60 million Italians,” Salvini said – Di Maio said “the government of change is …
via stockboardasset: Matt Maley of MillerTabak discusses Deutsche Bank’s problems and the risk that poses to global markets, and says investors aren’t looking at the Italy crisis the right way. ***** Deutsche Bank (monthly) crash, crash, crash, and more crash.
https://www.youtube.com/watch?v=cQHQPWGc_bU They won’t just crash the EU, they’ll crash the western world… apart from iceland who delt with their debt in 2008. It’s going to happen somehow one day, the sooner the better. The medicene is not always nice. MrEd
Well if we are going to have bigger deficits either way, I’d rather have lower taxes then more services that I will never get to use. MJ
from Financial Survival Network John Rubino is back at the microphone. Everything that can possibly go wrong in Italy is now going wrong. Once again they’re edging into chaos. Right now they’d like to pull a rabbit out of a hat and …
from Financial Survival Network Gerald Celente of The Trends Journal says that there’s trouble brewing in Italy. The people have spoken and now the powers that be are seeking to set aside their verdict. As Gerald explains, the Italians have many just reasons for …
By Harry Dent Over the years I’ve spent much time talking about Italy as the next ticking time bomb for Europe and the global banking system. It’s government debt is the third highest in the world at 132% of GDP, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bond turmoil, no problem. But if Italy doesn’t stick to the rules, the ECB might let the bonds go, “safeguard the remaining Eurozone members,” and “merely control the disaster.” After dizzying plunges in the Italian government …
Right now there’s panic and chaos in Italy as the markets fall. Volatility has risen while along with political tensions. There must be a solution given to the markets. Either the ECB needs to ramp up the printing presses or …
by Martin Armstrong COMMENT: Mr. Armstrong; You do know that you have been the only analyst who has outlined how, why, and when the euro would go into crisis. You said 2018 would be the beginning. Well, it looks to …
Josh Sigurdson talks with Dan Dicks of Press For Truth, a renowned Bilderberg researcher and someone who has protested and reported on every Bilderberg meeting going back to 2006. Dan has documented countless confrontations with Bilderberg members over the years, …
Italy is suffering. Just like the rest of the EU is suffering. In your opinion, why is this happening? Italy is continuing to drop as stocks, particularly in the banking sector have fallen dramatically. The financial media has suggested that …
Bond traders are starting to price in the possibility of Italy leaving the euro zone. https://t.co/JvC3eRWzwO The rise in 2-year Italian yields has been swift and fierce. pic.twitter.com/8CGUyrCF4x — Lisa Abramowicz (@lisaabramowicz1) May 29, 2018 I think it is becoming …
“Doom loop” begins to exact its pound of flesh. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Risk. Exposure. Contagion. These are three words we’re likely to hear more and more in relation to Europe, as the Eurozone’s debt …
Italy bans Freemasons from cabinet minister positions Italian Freemasons are freaking out over this. SOURCES: https://www.thelocal.it/20180519/italy-awaits-pm-nominee-after-populists-unveil-government-programme Anti-establishment and far-right parties began haggling over who will be Italy’s next prime minister after publishing a joint policy programme on Friday that brought …
Giuseppe Conte (5 Stars Movement, lawyer) was just appointed as Prime Minister, minutes ago. Now, there will be new consultations between the new Prime Minister and the Government parties (5 stars, League). Then the ministers will be discussed. It will …
by John Ward The international business media are in denial about it, but the advent of Italy’s new coalition has put that country on a course clearly set to clash with the ideas of Brussels and Frankfurt. Whether Rome achieves shit …
Look in the US. Look in the EU. Debt everywhere. Somehow we don’t have to worry about this though? Sounds weird. It’s constantly causing a crisis, so it will invariably cause another. This time however, it’s bigger than ever! Do …
via Zero Hedge Tired (or maybe bored) of worrying about rising interest rates, a rising dollar and higher oil prices? Then fear not, because according to Bloomberg macro strategist and former Lehman trader, Mark Cudmore, you can now start worrying …
by John Rubino Ah, Italy. My people; fun to be around, a nightmare to govern. And now an existential threat for the European Union, the euro currency, and the global bond markets. After suffering for over a decade under a …
ITALY’S NEW GOVERNMENT TO IMMEDIATELY WITHDRAW ITS EURO SANCTIONS ON RUSSIA. ”RUSSIA IS A STRATEGIC ECONOMIC AND TRADE PARTNER OF ITALY” https://twitter.com/Brasco_Aad/status/997408021759356928?s=19 https://twitter.com/Brasco_Aad/status/997409316041822208 AC
The Ink Is Almost Dry on Italy’s 15% Flat Tax Rate Five Star, League parties near completion of government plan Leaders to meet president Mattarella on Monday afternoon Italian Populists Ask for More Time to Plot …
Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The dreaded “Doom Loop” — when shaky banks hold too much shaky government debt, raising the fear of …
https://www.youtube.com/watch?v=xm34WuBDEp8 Italy fight for your freedom,fight for your national identity! Fight will you still can or die!
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 …
I’ve been in Rome while the Italians have gone to the polls and voted to kick out the left wing government that let in more than a million migrants. The historic victory for the anti-establishment 5 Star Movement and the …
Exit polls put the anti-establishment Five Star Movement in second place. It has made significant gains and could emerge as the largest single party, with about 30% of votes and 195-235 seats. Italy’s ruling centre-left in shock after crushing election …
by Shaun Richards Yesterday saw something of a familiar theme as we were told this by Fabrizio Pagani, the chief of staff at Italy’s Ministry of Economy and Finance. *PAGANI: ITALIAN BANKS ARE DEFINITELY FIXED ( h/t @mhewson_CMC ) You would …
Take your country back Italy. They will keep raising your retirement age to pay for migrants WITH less than a fortnight before Italy’s general election, authorities in Rome are stepping up efforts to evict thousands of refugees – with right-winger …