GOLD 0.51% $1,391.7 gold futures

who is attacking italy's bonds? , page-9

  1. nk
    3,106 Posts.
    lightbulb Created with Sketch. 140
    50% of Italian bonds are owned by Italians or Italian Banks

    I would be interesting to know what portion of the rollover next two years is internal.

    needless to say if the Italian Government is paying higher interest to its own people its a different game

    In addition the private debt of Italians is at the lowest end at around 50% of GDP versus 100% average in Euroland and 150% in USA and UK. They never borrowed heavily in the housing boom, I think the English and Germans borrowed heavily to by Tuscan Villas pre GFC!

    Corporate debt is at the low end as well compared to Euroland and the Italian banks are better managed than the Fench and Germans.

    The Italians are in far better shape than the media hounds make out
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.