Europe could fall, Italy warns as divided EU seeks coronavirus rescue deal

14 hours ago, Sundown said:

Since the introduction of the Euro the household savings rate has dramatically collapsed from 14% to nearly 2%. Long story short people is getting poorer and fed up staring at Germany getting richer and richer. Believe me they don't care about what will happen next, they will just do it.

Nothing but utter lies, italies median household wealth is far above germans: https://en.wikipedia.org/wiki/Distribution_of_wealth_in_Europe

14 hours ago, zhounan said:

The situation is quite clear: they want to bankrupt Italy and steal its companies and enormous public property.
They will have the debt aid accepted under threat (European Stability Mechanism ESM is a save bank mechanism), then they will send the Troika, and the citizens will be strangled by the fiscal pressure to repay these dirty debt for the next decades. 
Exactly as happened to the Greek brothers.

FED pass stimulus package,

Bank of England pass stimulus package

Bang of Japan pass stimulus package,

China Central bank  pass stimulus package

even the Bank of Thailand pass stimulus package

but, European Central Bank They NOT, They have monetary seigniorage of a private currency, the EURO.

European Union is the cage where every country eventually will  succumb, except for Germany because this cage was built just for them.

 

ESM Treaty Reform (December 2019) MUST READ

Maastricht Treaty (February 1992)

Treaty of Lisbon

Rubbish,  ECB stimulus packages exist.

Besides that China got cut off from USD Swaplines, as the only country in the world.

LONG USDCNH ---- china is systemic fraud, luckin coffee just one of the last examples.

Also bailing out failed businesses is stupid, in general. So i am in favor with europe not printing unlimited money.

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European Union is the cage where every country eventually will  succumb, except for Germany because this cage was built just for them.

Yeah sure it's germany vs the rest, last time i checked it was 27 vs the UK. You are nuts if you think other northern european countries aren't on germanys side. 

Also if someone saw the actual video interview of Conte, he spoke hugely in favor of the EU but that wouldn't make headlines in 2020.