Loading ...When I say blow up, I mean the whole western financial system will fall apart/blow up…they have effectively swept it all the bad news under the carpet and now it is festering badly.
Italy may well be the catalyst, as the next government will clash head on with the EU. The EU on all past form will behave like thugs and the Italians will say, Basta and walk.
Meanwhile the mkts only have the Rig holding them together….the longer they do not react, the more crazy they will look and the more the pressure will build.