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

in #market6 years ago


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
https://www.bloombergquint.com/global-economics/2018/08/29/italy-reportedly-reached-out-to-ecb-on-new-bond-purchase-plan#gs.6C4Dp3k
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I am from Finland and i know no one understands which problems are caused by EU and how our sovereignity was lost when we joined it. There problem is politicians and mainstream media is continuosly lobbying for EU and even NATO. We have elected traitors and globalists as most politicians.. How ever new information age generations see through this bullshit better than the old mainstream media brainwashed ones.

Another one in meltdown mode⁉️I just saw one on DOUCHEBAG BANK . Its about to get sporty folks .