Italy in Recession, Will Germany Be Next? ECB Claims QE Made Poor People Richer?!

in #dtube6 years ago


The Eurozone is a mess, let’s be upfront. The years of growth from decades ago are gone. The creation of the EU was supposed to create a utopia, promised to individuals and then forced upon them. Today we see that Italy has entered a recession yet again, industrial production is negative, and the deflationary spiral is taking effect. How will things change?

2019.02.04italygdp.png (890×412)

Why Italy’s Debts Are Europe’s Big Problem
https://www.bloomberg.com/graphics/2019-italian-banks/
Italy’s Business Lobby Says New Citizens’ Income Is Too Generous - BNN Bloomberg
https://www.bnnbloomberg.ca/italy-s-business-lobby-says-new-citizens-income-is-too-generous-1.1208783
Italy Rapidly Returns to Bond Market After Record-Breaking Sale - BNN Bloomberg
https://www.bnnbloomberg.ca/italy-rapidly-returns-to-bond-market-after-record-breaking-sale-1.1209829
2019.02.06factoryorders.png (890×440)

German industrial data prompts fears of recession
https://www.cnbc.com/2019/01/08/german-industrial-data-prompts-fears-of-recession.html
Europe's austerity is a political decision to go into recession - Business Insider
https://www.businessinsider.com/europe-austerity-is-decision-to-go-into-recession-2019-1
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It's not Brexit Britain most likely to have a recession. It's Germany | Business | The Guardian
https://www.theguardian.com/business/2019/jan/08/its-not-brexit-britain-most-likely-to-suffer-recession-its-germany
European Central Bank on Twitter: "ECB asset purchases have reduced inequality in the eurozone, our research shows. They have especially benefited low-income households, which suffer the most from unemployment. Full Research Bulletin here https://t.co/MlMQO2BXxK… https://t.co/Bj30YjLARO"
https://twitter.com/ecb/status/1090536758016655365/photo/1
Quantitative easing did not increase inequality in the euro area
https://www.ecb.europa.eu/pub/economic-research/resbull/2019/html/ecb.rb190129.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=190130_rb_january_2019&utm_content=qe_inequality_2019
Mortgages with negative interest rates spread | BT Business - www.bt.dk
https://www.bt.dk/erhverv/boliglaan-med-negativ-rente-spreder-sig
Realkreditkurser - obligationskurser på realkreditlån
https://www.jyskebank.dk/bolig/boliglaan/kurser
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Great analysis

If all these countries have a problem at the same time , then the E.U. Will crash and burn .