And Yet it Moves: Understanding Why Italy's Threat is Exaggerated
Marc Chandler
June 27, 2017
Toward the end of 2015, Portugal bailed in some senior creditors in
addressing a failed bank. Many observers were aghast. This was thought to be horrific and uncivilized
by some of the very same people who are critical of the EU and Italy's decision
not to bail in senior creditors in the two failed regional banks in
Italy.
They were wrong…
They were wrong…
And Yet it Moves: Understanding Why Italy's Threat is Exaggerated
Reviewed by Marc Chandler
on
June 27, 2017
Rating:
