| – Italy is EU’s ticking timebomb as government debt nears €2.4 trillion – Italy’s GDP is just €1.85 trillion; National debt is over 132% of economy – Italy is politically dysfunctional at best of times; Now has populist left / right wing government – National debt owed to other EU nations alone is 25% of its GDP – Italy’s massive debt threatens global GDP; May wipe 0.4% off global GDP – Default would create contagion in Europe including a euro currency crisis Follow us on social media: Visit our website at: https://www.goldcore.com |
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