December is going to be hot, and the markets already have a big spread for Italian state loans.
Italy may be on the way to exit the €, after the referendum fails and ANY! opposition party get's into power.
The €-zone and Europe is rapidly disintegrating, if all elections/votes/referendums this year turn to the nationalistic/patriotic side.
Brexit was probably the start of this upcoming chain reaction. And the big irony after all is, Merkel's open floodgates certainly played a role for the British voters to get the fuck out of the EU.
http://www.forbes.com/sites/johnmauldin/...f2a9b11daa
https://www.ft.com/content/7ea6837a-ad83...378e4fef24
Italy may be on the way to exit the €, after the referendum fails and ANY! opposition party get's into power.
The €-zone and Europe is rapidly disintegrating, if all elections/votes/referendums this year turn to the nationalistic/patriotic side.
Brexit was probably the start of this upcoming chain reaction. And the big irony after all is, Merkel's open floodgates certainly played a role for the British voters to get the fuck out of the EU.
http://www.forbes.com/sites/johnmauldin/...f2a9b11daa
https://www.ft.com/content/7ea6837a-ad83...378e4fef24
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