Ultimi link in questa sezione

05/10/2015
Turni di 12 ore e dormitori, l’Europa di Foxconn sembra la Cina
14/07/2015
La vera tragedia europea è la Germania
04/07/2015
Redistributing Work Hours
22/06/2015
Institutions and Policies
21/05/2015
A Finance Minister Fit for a Greek Tragedy?
04/05/2015
I dannati di Calais
04/05/2015
Are creditors pushing Greece deliberately into default?

Caduta di Roma?

12/07/2011

Fall of Rome?

I’ve been relatively sanguine about Italy, in a depressed sort of way: the debt level is high, but the deficits have been fairly modest, so I thought the Italians could limp along for a long time.

I may have been wrong:

Italy 10-year

This could get very interesting, in the worst sense. The chances of a real euro breakup (as opposed to one or more small peripheral economies falling off) are still small, but no longer negligible.

Update: That’s the interest rate on Italian 10-year bonds.

July 11, 2011, 8:01 am

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