If Ukraine has a future, it won't be a good one.
(twitter.com)
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You know it's bad when people under the control of the Taliban may have more freedom in the future than you...
But it's okay, they defeated Putin!
I wonder how long it is before the EU demands Ukraine switches to the Euro.
Probably right before the Euro collapses along with the EU.
Call it a hunch, but feels like this castle built on sand is already halfway sunk, the looming winter crisis might just hit the gas pedal.
It all depends on Italy.
Can their government cut the deficit and can their banks survive what's coming.
UniCredit is regarded as a "systematically important bank" to the EU's continued existence. If it fails, it takes the entire Italian banking system with it and confidence in the banks to zero.
The first failure of a "systematically important bank" will kill the entire European Union.