The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador	8/30/2022 3:00:34 AM
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The financial wealth of the Italians at 5,256 billion, double the public debt Virtuous Italians on debt and in love with cash. Cavalcade of funds, but it is mainly foreigners who intercept the money. Equities do well, bonds collapse. Sileoni (Fabi): "Electoral programs defend savings, no assets" The whole world often worry and laugh at Italy public debt that is huge, currently around 160% of GDP, over US$ 2.6 trillions Still Italian citizens are big savers. Private savings reached nearly US$ 5.3 trillions. So Italian citizens private savings are about double the public debt, and over 3 times the GDP! This is also a reason why real estate in Italy is quite safe investment. Prices decreased little following the 2008 financial crisis (about 20% vs over 80% in many developed countries where was a property bubble). Than stayed low until recently. https://www.repubblica.it/economia/2022/08/26/news/ricchezza_finanziaria_italiani_contanti_conti_correnti-362984890/?ref=RHTP-VS-I330891680-P12-S8-T1 So what will happen during the upcoming property bubble crash? I believe Italian property prices will be stable and keep growing gradually. . . . . and yes I believe there will be a property bubble crash in many developed countries. linkedin.com

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