50 Europe is in a much worse situation than the US - the ECB cannot sell their QE assets NOR raise interest rates without bankrupting massive borrowers like the Italian Gov. Watch Convicted Criminal Christine Lagarde Panic (twitter.com) posted 2 years ago by NotAGlowy 2 years ago by NotAGlowy +50 / -0 21 comments share 21 comments share save hide report block hide replies
Yes. The welfare states of the West are collapsing as we speak. The train has already crashed. People are in denial now.
Italy and Japan are Done. It's over. They already gave up and went for stimulus. They chose hyper-inflation. There is probably going to be a war soon.
war between who and whom?