Italy's problems could be similar or worse than Brexit. And we all know what that effect had on global markets. The markets are just now waking up to the debt problems we are having. Thanks for staying on top of this Greg.
I was thinking the same thing about European debt and what's happening with Italy. Slowing growth and an increasing migrant problem are going to cause some huge problems over there.
Indeed Greg, first we have had the emerging markets tremors. Now we have the shakings of a European sovereign debt crisis because the Eurozone is heading (if not in) a recession (within a slump!). A key point to understand is that the cost of servicing the debt (currently over 6% of Italy's GDP), is causing political unease and pressures to do something. Meanwhile Draghi is buying Italian bonds like no business whilst the msm calls it "investor confidence" - now that makes me laugh.
They will keep buying and buying up the BONDS to the VERY END, which is near. (October/November)
GET CASH OUT OF YOUR BANK!
Italy's problems could be similar or worse than Brexit. And we all know what that effect had on global markets. The markets are just now waking up to the debt problems we are having. Thanks for staying on top of this Greg.
Your sound was a bit low but epic video! Excellent coverage!
Thanks again, Gregory, for your work and keeping us informed.
Thanks You Greg, Look forward to seeing the video of you and Greg Hunter.
You know things are bad when the price of gold expressed in your home currency is starting to rise. Guess what, ... gold in EUR is way up!
I was thinking the same thing about European debt and what's happening with Italy. Slowing growth and an increasing migrant problem are going to cause some huge problems over there.
Upvote and resteem
Indeed Greg, first we have had the emerging markets tremors. Now we have the shakings of a European sovereign debt crisis because the Eurozone is heading (if not in) a recession (within a slump!). A key point to understand is that the cost of servicing the debt (currently over 6% of Italy's GDP), is causing political unease and pressures to do something. Meanwhile Draghi is buying Italian bonds like no business whilst the msm calls it "investor confidence" - now that makes me laugh.
I think your blog is enough to earn good things from Steam !! Your update posts are really great.!upvote and resteem done
Good job upvote resteemed.
Office Space
Your report is great. Valuable information.
Thank you for keeping up inform. You are for real Greg.
Money is used to Measure Value... I can't believe I've missed so many of your posts... I can't believe I've missed so many of your posts...
Great perspective. It's important to know where to focus our attention.
Looks like the dominos are starting to fall.
upvoted and resteemed.