Italy Is Closer To Collapse Than Anyone Realized, And So Is The World
Italy Is Closer To Collapse Than Anyone Realized, And So Is The World
Some stories in European press (La Stampa -) suggest that Italy is working on a very big loan package from the IMF. I have no doubt that there are ongoing discussions. There has to be. Either someone puts a finger in the dike or Italy goes tapioca.
That thought is difficult for me to fathom. How could we be so close to the brink? At this point there is zero possibility that Italy can refinance any portion of its $300b of 2012 maturing debt. If there is anyone at the table who still still thinks that Italy can pull off a miracle, they are wrong. I’m certain that the finance guys at the ECB and Italian CB understand this. I repeat, there is a zero chance for a market solution for Italy. Either the ECB (aka Germany) steps in and underwrites the debt with some form of Euro bonds or the IMF (aka the USA) steps in with some very serious money.
more
Zero Hedge link
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
"Les prone, Thanks Buddy! "
"Less Prone as usual the official version of the truth does not match the evidence and is labeled…"
"Charlie Kirk was getting very critical against Israel and had turned down a lucrative deal from the…"
The Army of Government Launched Psychopaths
They walk among us in most college towns. They seem relatively reasonable until political…See More
"Have to sign in to YT for this. So. What I do is to go to https://ytdown.io/en/ and download…"
"cheeki kea, you are spot on. The old guard is about to collapse! "
"cheeki kea, the Japanese thought they could expand their empire and exact enough damage on the US…"
NEW DOCUMENTARY - Dissent Into Madness
TRANSCRIPT AND SOURCES: https://www.corbettreport.com/dissent-into-madness/What if the delusions of the dissidents are in fact real? What if their paranoid f...
"Japan served themselves up no favours by inching out into the South Pacific as they soon found out.…"
"Their plans did not work out because we are the news now, and the old news is the enemy. "
Alligator Creek and a Japanese Massacre
The year is 1942 just a few months after the Pearl Harbor disaster. Despite losses suffered by the…See More
CHARLIE KIRK WAS CNP! JOSH REEVES 9-11-25
"With all due respect this guy comes off as a drunken asshole and he didn't even know who…"
Was a Planned Civil War Averted?
We are living in sadly historic times where good and evil are in battle all the time. Not that this…See More
President Trump addresses U.N. General Assembly - FULL SPEECH
President Donald Trump speaks at the United Nations General Assembly in New York City.Full video here: https://www.c-span.org/event/white-house-event/preside...
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network