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Europe

Italy between a rock and a hard place.

2020-10-20

[Twitter]

Italy…is in a tough spot. Their demographics are beyond horrible so they cannot grow via consumption, and their debt load is beyond horrible so they cannot grow via investment. Their only play is to get someone else to pay for them to exist. They must have a sugar daddy. https://t.co/NnqMACFUeH
— Peter Zeihan (@PeterZeihan) October 19, 2020

Vincenzo Amendola, Italian Minister for European Affairs: “the BRI MoU with China was a mistake. China under Xi is no longer what it used to be.” https://t.co/B52bDZKtb0
— Lucrezia Poggetti (@lucrepogge) October 19, 2020

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