Is Italy about to crash the EU?

Is Italy about to crash the EU?

Postby Rolluplostinspace » Tue Jun 19, 2018 12:44 am

Italy and Spain are going further down the shitter with each day but especially Italy.
If Italy goes bust it will make the 2008 crisis look like a walk in the park.
Spain is in deep shit too.
Germany may be about to implode but if we just leave it at Italy for the moment it will have a massive impact on the whole of the EU.
If you have debt might be a good idea to clear it.
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Re: Is Italy about to crash the EU?

Postby Cannydc » Tue Jun 19, 2018 6:30 am

No, it isn't. Italy has always lurched from one minor crisis to another.

Nor is Spain.

And Germany is doing fine.
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Re: Is Italy about to crash the EU?

Postby Punk » Tue Jun 19, 2018 12:55 pm

Rolluplostinspace wrote:Italy and Spain are going further down the shitter with each day but especially Italy.
If Italy goes bust it will make the 2008 crisis look like a walk in the park.
Spain is in deep shit too.
Germany may be about to implode but if we just leave it at Italy for the moment it will have a massive impact on the whole of the EU.
If you have debt might be a good idea to clear it.


Tom did a thread about this the other day and abandoned it when asked questions. Italy's debt to GDP has always been high, well over 100% for the last 25 years. It was 122% in 1994 now it is 132%.
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Re: Is Italy about to crash the EU?

Postby Rolluplostinspace » Thu Jun 21, 2018 8:06 pm

It's getting closer.
It's going to be huge.
Germany cannot bail them out.
It is already affecting the Euro and stock markets around the world with the jitters.
It's being called the biggest bankruptcy in history.
Look out for George Soros coming in as a whight knight!
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Re: Is Italy about to crash the EU?

Postby Rolluplostinspace » Thu Jun 21, 2018 8:13 pm

Just when America are kicking off a global trade war too.
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Re: Is Italy about to crash the EU?

Postby Guest » Thu Jun 21, 2018 8:31 pm

Rolluplostinspace wrote:It's getting closer.
It's going to be huge.
Germany cannot bail them out.
It is already affecting the Euro and stock markets around the world with the jitters.
It's being called the biggest bankruptcy in history.
Look out for George Soros coming in as a whight knight!




4 posts, 2 of them yours sez it all.
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Re: Is Italy about to crash the EU?

Postby Stooo » Thu Jun 21, 2018 8:43 pm

Rolluplostinspace wrote:Italy and Spain are going further down the shitter with each day but especially Italy.
If Italy goes bust it will make the 2008 crisis look like a walk in the park.
Spain is in deep shit too.
Germany may be about to implode but if we just leave it at Italy for the moment it will have a massive impact on the whole of the EU.
If you have debt might be a good idea to clear it.


Italy is always going bust, it's the drunk uncle of Europe...
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Re: Is Italy about to crash the EU?

Postby Rolluplostinspace » Thu Jun 21, 2018 8:47 pm

Stooo wrote:
Rolluplostinspace wrote:Italy and Spain are going further down the shitter with each day but especially Italy.
If Italy goes bust it will make the 2008 crisis look like a walk in the park.
Spain is in deep shit too.
Germany may be about to implode but if we just leave it at Italy for the moment it will have a massive impact on the whole of the EU.
If you have debt might be a good idea to clear it.


Italy is always going bust, it's the drunk uncle of Europe...

Very different this time.
Italy changes its government every few months too but this is more economic than political.
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Re: Is Italy about to crash the EU?

Postby Stooo » Thu Jun 21, 2018 8:51 pm

Rolluplostinspace wrote:
Stooo wrote:
Rolluplostinspace wrote:Italy and Spain are going further down the shitter with each day but especially Italy.
If Italy goes bust it will make the 2008 crisis look like a walk in the park.
Spain is in deep shit too.
Germany may be about to implode but if we just leave it at Italy for the moment it will have a massive impact on the whole of the EU.
If you have debt might be a good idea to clear it.


Italy is always going bust, it's the drunk uncle of Europe...

Very different this time.
Italy changes its government every few months too but this is more economic than political.


The mafia isn't political?
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Re: Is Italy about to crash the EU?

Postby Rolluplostinspace » Thu Jun 21, 2018 9:02 pm

Few are seeing this crisis.
Few are reporting it in an honest way.
We'll see .....
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Re: Is Italy about to crash the EU?

Postby Stooo » Thu Jun 21, 2018 9:30 pm

Rolluplostinspace wrote:Few are seeing this crisis.
Few are reporting it in an honest way.
We'll see .....


I'd me more worried about the coming summit myself.

Imagine a trade alliance between Russia and the current US regime swiftly followed by a joint defence policy. Why is the US ditching its allies?
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Re: Is Italy about to crash the EU?

Postby Guest » Thu Jun 21, 2018 9:36 pm

Stooo wrote:
Rolluplostinspace wrote:Few are seeing this crisis.
Few are reporting it in an honest way.
We'll see .....


I'd me more worried about the coming summit myself.

Imagine a trade alliance between Russia and the current US regime swiftly followed by a joint defence policy. Why is the US ditching its allies?




Ever stop to think it could be the way you carry one about America?
You think the place is shit,is run by and full of idiots.
Why can't American/Americans feel the same about it's so called Allies?
Funny how it's not the Americans who are crapping their pants isn't it.
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Re: Is Italy about to crash the EU?

Postby Stooo » Thu Jun 21, 2018 9:50 pm

Guest wrote:
Stooo wrote:
Rolluplostinspace wrote:Few are seeing this crisis.
Few are reporting it in an honest way.
We'll see .....


I'd me more worried about the coming summit myself.

Imagine a trade alliance between Russia and the current US regime swiftly followed by a joint defence policy. Why is the US ditching its allies?




Ever stop to think it could be the way you carry one about America?
You think the place is shit,is run by and full of idiots.
Why can't American/Americans feel the same about it's so called Allies?
Funny how it's not the Americans who are crapping their pants isn't it.


Russian proxy or a genuine IP? Asking for a friend...
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Re: Is Italy about to crash the EU?

Postby Lady Murasaki » Fri Jun 22, 2018 7:22 am

Rolluplostinspace wrote:Few are seeing this crisis.
Few are reporting it in an honest way.
We'll see .....


There was a whole piece on it on newsnight last night.
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Re: Is Italy about to crash the EU?

Postby Trapper John » Fri Jun 22, 2018 7:31 am

The entire EU is in crisis, has been for decades. Like Nero, the fat burghers of Brussels fiddle whilst it burns and their minions frantically beat at the flames trying to hold back the inevitable.

The EU is a dying monster, it's out of control and will bring anyone within spitting distance down with it when it goes. The sooner we cut loose the better.
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