http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
After our first posting about an Asian financial crisis happening in the Middle East, the EU expressed its concern about Italy economic situation in response to JPM's lira report.
https://sg-stock.blogspot.com/2019/04/eu-is-trying-to-stop-asian-financial.html
Then, JPM is hitting back at the EU by spreading the Euro depreciation fear. Don't forget that Italy is using Euro and a weak Euro is bad for Italy. Hahaha!
https://www.reuters.com/article/us-eurozone-markets-jpmorgan/backpedaling-ecb-could-push-euro-under-1-10-jp-morgan-am-idUSKCN1RF0TC
It looks like JPM is feeling disgruntled that the EU is trying to thwart JPM's money-making plan.
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2 comments:
I'm still waiting with spare cash for Lake Como property LOL. At this rate will only get a mild recession which won't give me the bargains I want. Need to have a full scale global meltdown. Best if can combine GFC & AFC together!
If an AFC were to happen in the Middle East & Europe, it won't happen overnight. It will take months to unfold.
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