Daily Archives: 9th October 2018

9th October 2018

Threatening a storm

Italy riles again… On the surface, the Italian government made a fair point suggesting that the French run a near 3% budget deficit in perpetuity, without sanction. The difference is, of course, the relative ability of the sovereign to service its obligations. Creditworthiness, that is. Anyway, the Italian administration is not backing off from their […]
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