Just think about that, same central bank interest rates... but they pay 4% vs Germany paying 1% on their 10yr bonds.
It’s fucking unsustainable. There is no way Italy can manage to survive these spreads, especially with all the infrastructure, unemployment and social problems Italy has. This is a minefield waiting to explore.
And here are Italian girls if this is more to people’s fancy than Bund spreads.
if we can take down the EU, it's worth it
The populists scare (((them)))
>Italy
That's not how you spell Germany. Pay up Hans.
here are rhe girls
German bonds are massively overvalued. Major German banks are on the hook for 20tn in bad derivatives. When DB goes under its taking the entire union with it.
>no change in financial policies
Dude, investors and traders try to predict the future based on facts at a certain time. When it became clear the 5stars and Lega would be the gov and end up with large budget deficits, spreads skyrocketed. And no, this ain’t sustainable.
I for one am stockpiling food, ammo, knives and gold. I have two rifles and a handgun. And I have my own well. I am prepared, are you?
Italy is so fucked even black women from US complain about this
youtube.com
>Major German banks are on the hook for 20tn in bad derivatives.
Do you even know what a derivative contract is? All clearing is in London, that’s where the risk is. German banks have 5bn as in billion, not trillion, of actual exposure to derivatives. The 20trilliom nominal value is a clearing risk, all of which is located in NYC and London.
I hope you guys will screw the EU establishment, best might be with Salvini cleaning up Bruxelles.
(((The shareholders))) behind German industry have really completeley totally fucked this idea.
I hope Italy will free itself from those corrupt system, I can't imagine how terrible the situation must be for the youth in Italy, Spain, Greece, Portugal regarding unemployment and disillusionment.
Go break this system, even if my pension fund has to default on italian bonds. Pic related.
I live in the countryside,I'm already opening new paths in the woods if things get really bad
The shit will hit the fan this spring
DB's balance sheet is almost total trash in bad derivatives contracts and almost all of it is cleared in NYC. Barclay's and Lloyd's sold off a lot of their trash to European banks. The exposure of German banks is massive. 5bn? Go look at DB quarterly reporting I don't even know where you would get that number.
>bad derivatives contracts
So you have no clue what a derivative contract is, do you? It’s not contract where DB takes a position.
Look at DB’s own financial statement, they have a 1.8bn net exposure in derivatives. Total for all major German banks is 5bn. Don’t believe them? Go to the ECB website which provides an analysis on all major banks in Europe. Don’t believe the ECB? Go to the Fed’s website, DB has shares listed in the US and is considered a full major US bank and is supervised by the Fed.
The actual risk with derivatives lies at clearinf (LHC and Clearnet) and with the individual companies which use derivatives contracts for hedging.
DB is the most insolvent bank on the planet. If they go, we are all going to watch a financial armageddon. Fucking Germans.
It's why he is screeching about the Italians. They need to keep their economy in abject misery so German banks can grow their way out of the debt that was accumulated.
Fuck anyone else that isn't German is the EU way.
>a fucking german
come and fuckig get us
I hope it reaches 5000 and that they will spend 500% of the gdp/debt ratio
we're going to fucking crash this shitty union even if it's the last thing we do
we're freeing all the people of europe from your financial yoke. we won't be a second ddr
we will always fight. we can take it.
it's only smellz
based
Correct the "announcement" spelling
Kek
What about the government's mini bots currency?
Be ready for next year
not really, i think its actually a plan to turn italy into grece and to tank the italian stock market so that (((they))) can buy the few corporations that there are at low price...
but yes dont worry ((((giggino))) will fix everything, we are in good hands
what if the EU coalizes against italy?
>There is no way Italy can manage to survive [x]
Ahmed stick to your country, cancer of all Europe and Humankind
They look like Mexicans. I'm not claiming that Italians as a whole aren't white, but those two certainly look admixed with something else.
the higher rates are a last ditch attempt to get more cash flow and less fear about itally defaulting on them as the ECB is expected to bail them out
germany is just stupid for not exploiting their central bank more because its already been black listed . your central bank cant get a line of credit extended to it .thats unheard of. 90% of its revenue for years was just it buying its own bonds. every one knows your money isnt worth as much as you claim. you think you can turn away your rapists ? only if you want to eat boots and suck on used tampons for food
Italy is up shit creek. They say Deutchbank is in trouble when they look at the balance sheet, but at least they report semi-honestly... Italian banks are in worse shape and god only knows what the reality is underneath the shysty bookkeeping. The EU is teetering. If it implodes we will all be in a world of hurt.
Eventually, somthing has got to give. The Happening is going to happen. I’m getting my bunker redecorated in anticipation.
>There is no way Italy can manage to survive these spreads
>Ge...EU is in danger
Who doesn’t like spread bunds?
>what if the EU coalizes
Had this been possible, we would have never reached this point. The EU is at a crossroads
The only countries that will soon fucked are those invaded by Islam, like Germany. Soon the health index of a state will no longer be the spread but the crime rate in the streets. In Germany and UK muslims will soon be heading into politics, and we know what happens to a country when it passes into Muslim hands.
Realize: build mosques, protest the streets waving Islamic flags and praise Erdogan at their head when he visits you.
Soon the European economy will be razed to the ground and the rules of the union rewritten. Who has something to lose? Not Italy.
Defend your sons and daughters and close the border.
Yesss, all the conditions are in place
it can user, dont underestimate germany+france+spain+north eu, most of italian exports go there, and italy doenst export energy or resources, but moslty luxury stuff, so not needed stuff, stuff people can survive without.... would be different if italy was full of oil/gas we could use it as leverage...
Europe needs a fork. Germany gets all the debt they want
and can keep the Euro. The rest closes its borders and let the Germans
fight it out among themselves. They will be remembered as Jesus
yea the kikes will destroy it for saying no to invading niggers.
The Jews will do to Europe what they did to Russia when the USSR imploded. They are the only ones with cash on hand waiting for a collapse. They can engineer a disaster and actually profit from it. They somehow seem to profit from every calamity that occurs.
they have managed to survive somehow since late 2016 when they should have been broken up for insolvency
I don't know how the IMF is propping them up but between them and Intesa the global financial system should have already imploded
grece had a 10 times higher spread than italy
What a German thinks:
Italy going bust has consequences for Europe and the world.
A. the world economy will be impacted negatively
B. millions of Italian girls will come to German for low skilled work
What will happen:
should I fall for it twice?
>We import energy from gas/oil/energy
We'll keep on importing from Putin and China. We're part of OBOR
I honestly like this Idea
You're not all the way there yet. Its coming though. Probably next crisis. Although i think portugal or spain will be first to follow Greece
>this delusion
At 4%, you have to pay 90bn-100bn in interest per year. There is no way Italy can come up with this money. Last year, Italy just paid 60bn in interest. There is no fucking way Italy can manage 40bn more sustained in interest.
I look forward to Eurofags burning their couches for warmth while blaming Orange Man's tariffs instead of their unsustainable welfare, decades of shameless protectionism, and willful overdependence on artificially cheap German exports. Not to mention the Euro.
You made your beds, Eurofags. You will have the SOLIDARITY to sleep in it, whether you like it or not.
Germany will pay for it.
Neither of those girls attractive besides their bodies, which are just skinny
well, than i guess its time to pay up Kraut
all you have written is wrong and it is propaganda
wont, because other countries decide how much a currency is worth..
if that happens it will be great for me as i have my money in btc so ill buy cheap prime real estate in italy, but i dont think ill be so lucky, and it will send italy into poverty comparable to moldavia or some shithole like that....
i will be like: attico in milano 1mln euro / 1,2mln $ then it becomes 50mln lire (new lira) which against the dollar will be 120k $....
if that happens there will be poverty and only people who have money will be able to live decently, people without money will be so poor they wont even be able to buy a car
FUCKING DO IT
Just do it Mario. Save Europa!
you are a faggot
They just need to tighten the belt a bit.. no sauce on the pasta. Tap water instead of vino ... Sell the colosseum to the Jews... there’s ways around this.
Guess again, idiots. We didn’t want to bail out Greece but got duped into it by France. We won’t get duped again.
That’s what Greece thought. They thought wrong.
Is this a trap?
Mediterranean has been turning into 3rd world since 2008, not just ethnically. You can already see young Italians coming to Poland looking for work in the bigger cities(which have significantly better wages than majority of the country). It's already a fucking catastrophe.
>blaming Orange Man
>The guy who's threatened to pull US out of NATO
>European countries divide
>Trade routes will have to be protected by different armies
>Italy dominates the Mediterranean
>China AND Russia will have to export their natural resources to south/western europe and most likely Italy will have part in managing it
We'll have to build Orange Man a statue
He is wrong... or brilliant and wants to break Italy apart with an Independent North and he knows only if Italy goes bankrupt will the strong North break free from the mafia socialist deadbeats of the South.
The eternal Germanic.
>YOU MUST TAKE IN RAPEFUGEES
>TAKE MORE, MORE MORE!
>OY GOY NOW THAT YOUR ECONOMY IS FAILING, YOU MUST DEAL WITH IT YOURSELF
>STOP BEING SO GREEDY GOY
g*rmany needs to stop existing as a country, it needs to be dismantled by its neighbors and its people need to be absorbed into their superiors.
to become your salve?
fuck off german faggot,you think you are tough but in reality your country is really fragile
No, she’s a Turkish girl in Germany. Turks desperately want to be Germanic, so die their hair blonde. Pic related is Turkish-German too.
It really isn’t.
fuck cheap loans thats how they spread the degeneracy
live within means
fuck loaned money
The only beautiful German woman I remember
Any idea on when this whole tower of shit collapses OP?
it is
fuck it, the higher it goes the better, we will get the whole eu down with us and start from scratch. it was all a jew trick btw
Fuck off, TUrk
thats genious, hope it happens, we will become richer than the swiss if we can dump the south
She looks more Turkish.
some non-target hardos arguing about finance which they dont understand at all
priceless
Italy? It needs a catalyst. Something like no Brexit deal and investors dropping European bonds like shit due to an impeding recession. The Italian yields will go up to 8-9% again and Italy will be fucked.
Dude, those tits look just like an ass.
>Germans didn't want to save their globo homo project
nice try filthy Kraut. If Merkel introduced a ''safe the EU'' tax you'd all happily pay it and elect her again next time
>We'll have to build Orange Man a statue
we already did that
Who teach this to you? Lilly Gruber? David Parenzo or Fabio Fazio?
No way that is a roach
>non-target hardos
found the basement dweller
Dude, Germany is currently an absolute powerhouse. The only country in the world that exports more to Germany than imports from it is Slovenia - and even then it’s because of all the production parts for their industry. They’re a relatively small country with top three exports in the world. They are also basically running the whole EU. You can say many things about Germany, but calling it fragile is just not true.
Exactly, barely anything got better here since 2008 while Eastern Europe has been growing even if it is at an small pace. The next recession is coming in the next 5 to 10 years and is probably going to be worst than the last.
You are just saying that because she looks very German.
found another non-target clown ^^
Not attratctive. German block-man-face. We have cuties here that do not look like a man
Şebnem Schaefer
Any micks exposed to Italian bonds in your pensions should get their shit out...
independent.ie
Not just Italy, but the whole thing, I think it will all go down together because the system is so intrinsically linked.
And I think it will be by design, maybe the whole derivatives market, maybe not, either way they need their 'joo world order'.
"Ordo Ab Chao"
You're right, I'm shitposting. It's kinda spoopy how they can stealth like that. They're turning into shapeshifters like your other previous quarrelsome minority.
theyre mixed with gypsies, greeks and arabs
fuck, if FN had won in France last year, Germany would be fucked rn
Based + DBpilled
I can't wait for Germany to collapse because too many niggers and old fucks.
>DB
Meine Damen und Herrn, der ICE nach Frankfurt-Main
fährt abweichend am Bahnsteig gegenüber ein.
Die Abfahrt dieses Zuges war 14 Uhr 2.
Obwohl das war sie nicht, denn es ist ja schon halb 3.