#Italy #Draghi #ECB #BTP #Bonds #Yields #Debt #China #BankRuns #Dollar #gold
Video Chapters:
00:00 Introduction
00:44 Bank of England video announcement
01:30 Important financial headlines from around the world
02:35 UK debt servicing balloons
05:43 China bail-ins and mortgage boycotts
09:12 Italy: the elephant in the china shop
11:20 It's the debt stupid!
16:47 Market update
21:47 Conclusion
With the Italian government on the brink of collapse and the expected resignation of PM Mario Draghi Italian government bond yields could set off a major sovereign debt crisis.
Our feeling is that this crisis could rapidly spread not only within the eurozone but also around the world as the governments, corporations, and the public drowns in debt.
Bank of England Flagrantly Fudges Inflation Data.:
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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