Italy on the brink of economic collapse & with it goes the EU
Italy on the brink of economic collapse & with it goes the EU.
The Duran Quick Take: Episode 612.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Italy's failing, post covid lockdown economy which has revealed that the country has a staggering €39 billion of repayments due in September and €42billion of repayments in November.
Italy now has to either enter ESM austerity, again, or the ECB has to begin a massive money printing cycle to bail out the giant Italian economy.
#EU #Italy #ECB #TheDuran
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