Jag vet någon som har tjatat om detta i över femton år….
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Ready for a massive debt bubble exploding in no time?
The ECB uses a system called Target2 to assess levels of debt of different EU nations. Apocalypse is indeed imminent.
According to Target2…
Italy owes a record €364 billion to the ECB – 22 per cent of GDP.
France owes €328 billion – almost 30 per cent of GDP.
And Portugal and Greece are both at €72 billion.