Tuesday, April 2, 2019

EU is trying to stop the Asian financial crisis from happening in Europe.

https://sg.finance.yahoo.com/news/eus-juncker-concerned-over-italys-093309757.html

The timing of EU's exhortation about Italy is uncanny after we have singled out Italy as the next target in Europe in our post below.  Maybe the EU is trying to nip it in the bud as a pre-emptive move.  However, it won't be easy for Italy to rein in its high debts.

http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html

Look like this is a duel between the US financial firms and EU officials.  Let's see who will win.
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2 comments:

  1. Eric HoApril 2, 2019 at 6:43 PM

    http://sg-stock.blogspot.com/2019/03/what-is-targeted-longer-term.html

    Without TLTRO, Italy would have collapsed long time ago.

    ReplyDelete
  2. Eric HoApril 5, 2019 at 6:29 PM

    https://sg.finance.yahoo.com/news/italys-economy-delicate-situation-monitored-closely-eus-moscovici-070454798--finance.html

    EU is trying to raise awareness of Italy's situation so that it won't become like HK in 1997 during the AFC.

    ReplyDelete