debt

Today Italian yield on 10-year government bonds went over 7%. 7% is regarded as the line after which a country can no longer afford to service it's debts. Can the EU afford to bailout Italy now, what cost has Italian pantomine political culture cost Europe? Are we looking at the end of the EU...

America is quite happy for markets to focus on European countries as they have their own crisis to worry about, one that would put Europe in the shade. This video will explain more.