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Italian Yields Jump As Salvini Threatens To Crash Government
Italian Yields Jump As Salvini Threatens To Crash Government Clearly emboldened by the EU Parliamentary results, where the League won a plurality of the vote in Italy, Matteo Salvini on Thursday sent BTP yields higher by threatening to crash the Italian government if the Five Star Movement doesn’t back his tax-cut plan. BTP yields have […]
Salvini Proposes Seizing Control Of Italy’s Gold Reserves From The Central Bank
Salvini Proposes Seizing Control Of Italy’s Gold Reserves From The Central Bank Italy’s populist de facto leader Matteo Salvini seems set on shaking Europe’s financial establishment to the core. One day after the Italian deputy prime minister and leader of the League party, called for the elimination of Italy’s central bank and the country’s financial regulator, Consob, saying the […]
Salvini Calls For Elimination Of Italy’s Central Bank, “Prison Time For Fraudsters”
Salvini Calls For Elimination Of Italy’s Central Bank, “Prison Time For Fraudsters” On Friday, in a moment of predictive insight, Bank of America correctly warned that the greatest threat to EPS – i.e., markets – in the next 3 years “is an acceleration of global populism via taxation, regulation & government intervention.” Just one day later, this […]
Italy Building Anti-EU Axis
Italy Building Anti-EU Axis “Today begins a journey that will continue in the coming months for a different Europe, for a change of the European Commission, of European policies, which puts at the center the right to life, work, health, safety, all that the European elites, financed by [billionaire Hungarian philanthropist George] Soros and represented […]
Salvini Takes Control of Europe’s Future
Salvini Takes Control of Europe’s Future Deputy Prime Minister Matteo Salvini just declared himself the leader of the Europe’s future. He refuses to budge one inch in negotiations with the European Union over Italy’s budget now threatening to take down the government. And in doing this he not only speaks for Italians, he is now […]
Salvini Threatens To Collapse Italy’s Government If Deficit Target Is Changed
Salvini Threatens To Collapse Italy’s Government If Deficit Target Is Changed Italy’s Deputy Prime Minister Matteo Salvini escalated the ongoing standoff between the EU and Italy, saying he would bring down the government if the coalition’s budget deficit target was changed. The remarks by Salvini, Italy’s de facto leader who has been enjoying a steady climb […]
Take Heed Italy, Brussels Doesn’t Care One Whit About You
Take Heed Italy, Brussels Doesn’t Care One Whit About You Watching the complete betrayal of Brexit by British Prime Minister Theresa “The Gypsum Lady” May is proving to be a wake up call for Italians. The latest polling results coming out of Italy show that while the populist coalition in Italy is unpopular in Brussels […]
With Looming Deadline Italy’s Populists Defy EU, Warn Of “Suicide”, “Massacre” For Italy
With Looming Deadline Italy’s Populists Defy EU, Warn Of “Suicide”, “Massacre” For Italy After the latest GDP data showed that Italy’s economy didn’t grow at all during the third quarter amid a spreading European slump that’s likely inspiring panic in Brussels, the country’s emboldened populist leaders are refusing to surrender in what has become a […]
The Fourth Turning & War of the Worlds
THE FOURTH TURNING & WAR OF THE WORLDS “In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a […]
Italy Declares War on Merkel and the EU
Italy Declares War on Merkel and the EU If there were ever any doubts that the leaders of the Euroskeptic coalition that now runs Italy has a plan to defy the European Union its proposed budget should quell them. Both Deputy Prime Ministers, Luigi Di Maio of Five Star Movement and Matteo Salvini of The […]
Lega Popularity Rises With Each EU Confrontation: Major Event Coming
Lega Popularity Rises With Each EU Confrontation: Major Event Coming The EU conspiracy to oust Berlusconi succeeded because his popularity was on the skids. Lega is a far different story. Eurointelligence has an interesting on rising Italian yields, Italy’s budget deficit, and the inability of the EU and ECB to do any thing about it. […]
“We Have Really Lost Our Way” – Trader Laments Market’s Risk Ignorance
“We Have Really Lost Our Way” – Trader Laments Market’s Risk Ignorance “BTFD”, “Goldilocks”, “Climbing a wall of worry”, “Powell Put”, “Trump Put”, “It’s different this time.” The excuses to buy stocks – no matter what headline tape bomb explodes – grow longer and more desperate as asset-gatherers and commission-takers know the end is nigh […]
A League of Leagues of Their Own in Europe
A League of Leagues of Their Own in Europe “There’s no crying in baseball!” — A League of Their Own The Great Realignment is coming to Europe next year. All the writing is on the wall. This summer saw German Chancellor Angela Merkel survive a leadership challenge by her coalition partner Horst Seehofer over her […]
Italy Threatens To Stop EU Funding Unless Other States Accept Refugees
Italy Threatens To Stop EU Funding Unless Other States Accept Refugees Europe’s refugee mess is back with a bang. On Thursday, out of the blue, Italy’s Deputy Prime Minister Luigi Di Maio threatened to stop financial contributions to the European Union next year unless other states agreed to take in migrants being held on a […]
Looks Like Italian Default is Back on the Menu
Looks Like Italian Default is Back on the Menu Italian Deputy Prime Minister Matteo Salvini was right to call out the EU over the failure of the bridge in Genoa this week. It was an act of cheap political grandstanding but one that ultimately rings very true. It’s a perfect moment to shake people out of […]
