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
Huh, that is very surprising. Always thought Italy was one of the sponges.
People tend to be richer as they age, and many people move to Italy for retirement.