The ECB Just Sold A HUGE Amount of Italy’s Debt! Guess Who Just Came To Their Rescue?

Do you believe that Italy’s new government will Make Italy Great Again? Or will it be more of the same we see in every single other election?

Italy has accumulated mass quantities of debt and their economy continues to slow down. Even with fraudulent accounts measures, Italy is grinding to a halt. Their new government has made some very interesting propositions but we’ll see if they can deliver. Trying to dig themselves out of this mess will require nothing short of a miracle.

 

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Operazione_di_Riacquisto_Titoli_di_Stato_31.05.2018.pdf

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IMF World Economic Outlook, April 2018: Cyclical Upswing, Structural Change, April 17, 2018

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