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