/biz/ - Business & Finance

Anonymous Mon Nov 12 17:36:51 2018 No.11720998 [View]
File: 149 KB, 958x756, Target2%20graph%20-%20%20ecb%20data%20-%20large[1].jpg [View same] [iqdb] [saucenao] [google]

>>11720939
Well, i oversimplified it, just because. But you get the idea. Overnight, Italy got a money as strong as the DM. At first it's all cool and fun and you can even create more debt and shit. Then you realize you can't devalue anymore because of how the rules are made in the Eurozone. Then you realize a country like Italy can't survive with a money as strong as Germany. Then you die.

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