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Inflation: Italy Is The Canary In The Coal Mine
142 sats \ 12 comments \ @TomK 22 Feb 2023 bitcoin
ITALIAN CPI YoY FINAL ACTUAL 10.0% (PREV 10.1%)
Inflation in the Eurozone keeps highly elevated. Especially Italy with its extreme debt to GDP of over 150% can't stem rising bond rates with its poor fiscal situation. What follows next in the rates-race to the top? A sell-off at the bond market could kill the illusion of the Eurozone money printer paradise. The Clock is ticking louder...
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0 sats \ 1 reply \ @Eximpius 22 Feb 2023
They will probably have bail-ins just like they did the Greeks in 2014 I think…
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0 sats \ 0 replies \ @TomK OP 22 Feb 2023
Bail-ins are baked in the political cake for sure
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0 sats \ 8 replies \ @siggy47 22 Feb 2023
Rising USD interest rate has already destroyed currencies of developing countries and now will destroy the euro and pound. When will the world wake up?
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10 sats \ 5 replies \ @Eximpius 22 Feb 2023
People have to lose everything before they wake up
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1 sat \ 4 replies \ @Eximpius 22 Feb 2023
Well, groups of people do. A lot of Individuals who know how to think for themselves don’t.
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0 sats \ 0 replies \ @faithandcredit 22 Feb 2023
Bro we are spoiled we grew up when the internet was free and got exposed to ideas and opinions that has allowed us to navigate the shitstorm somewhat. The same is not true for the average person online today due to the censorship and the way algorithms feed us garbage now.
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0 sats \ 2 replies \ @TomK OP 22 Feb 2023
That's where we're in now... education counts more than ever
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4 sats \ 1 reply \ @Eximpius 22 Feb 2023
Not education in the US, if you go to public school. They are not even being taught how to do math and read. They get feed only constant propaganda. Look at Baltimore, Not 1 student is at the reading level they should be for their age.
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11 sats \ 0 replies \ @TomK OP 22 Feb 2023
Sorry to hear this. At my parent's home we didn't even have a TV. Just reading and pure conversation. I do not have a TV too to keep my focus on my work and the books. Hopefully there will be a revolution of excellence and passion for cultural education
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1 sat \ 0 replies \ @TomK OP 22 Feb 2023
The Fed is drying the offshore dollar market... at all costs
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0 sats \ 0 replies \ @TomK OP 22 Feb 2023
The Fed is drying the offshore dollar market... at all costs
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0 sats \ 0 replies \ @01xCc 22 Feb 2023
по тихоньку запускаем у Вас молнию... все нормально...
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