ITALY – The Second Fall Of Rome Looming On The Horizon


greece italy

Sabba – Greece, now Italy. Or, from a jewish perspective, Athens and now Rome. Surely, it is just a coincidence…

IWB – Yes, Brexit is important (…) But here’s the 800-pound elephant in the room: Italy is the next Greece!

Non-performing bank loans have risen to 18%. At 10%, most banks are technically bankrupt. That’s the percentage of capital and pledged deposits they have against bad loans. Our pledged deposits, not theirs. At 18%, they’re no longer “technically” bankrupt. They ARE bankrupt! But the problems are growing even worse. The blood is getting harder to hide…

CONTINUE READING

  1. #1 by michael walsh on 07/03/2016 - 9:36 am

    It is all unravelling ~ good

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