Economist: Italy to Determine Euro’s Survival – or Destruction

When the world’s third-largest bond market begins to buckle, catastrophe looms. At stake is not just the Italian economy but Spain, Portugal, Ireland, the euro, the European Union’s single market, the global banking system, the world economy, and pretty much anything else you can think of. Greece is important because it sets precedents for the euro—over such things as debt write-downs and rescues (see article). Italy matters much more because it is so vast. – The Economist

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Global Macro Monitor 183 Articles

Global Macro Monitor is a go-to source for traders, investors and policymakers, and anyone interested in markets and the global economy.

Visit: Global Macro Monitor

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.