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Is That Italian Time Bomb Under The World Economy Still Ticking?

May 29th, 2016 · No Comments

  • Two years ago, we warned about one of the biggest threats to the world economy. Is the situation contained?
  • For now it is, but only that – there is some improvement but not nearly enough to relax.
  • In order to defuse this time bomb, Italy needs tailwinds from basically any direction, and for a really lengthy period of time.
  • That doesn’t strike us as a very plausible situation.

Is That Italian Time Bomb Under The World Economy Still Ticking? | Seeking Alpha

Tags: Public sector deficits and debts