At the Epicenter of the Next Debt Earthquake Martin D. Weiss, Ph.D. | Monday, August 22, 2016 at 7:30 am
(Go here for Martin’s 6-minute video in Italy.)
Martin here, from Milan, Italy.
Martin-Weiss
This is the financial capital of Italy, and Italy is the third-largest economy of the European Union.
Plus, it’s also the one country in the entire world with the most megabanks on the brink.
Consider this bank behind me, for example, UniCredit SpA.
We give it a Weiss Safety Rating of D, a reliable indication of a much higher-than-average probability of financial difficulties. And yet this bank has over $1 trillion in assets, making it one of the biggest in the world.
But it’s not the only one. In my just-released, 6-minute video …
www.youtube.com/watch?v=mH6RVG9nspY
I give you my short list of the other megabanks on the brink …
I explain why this could be the epicenter of the next debt meltdown, and …
I tell how it’s bound to impact U.S. markets.
If you click here, it will play on your screen right away. Then, just leave your comments and questions below, and I’ll do my best to address them one week from today.
www.youtube.com/watch?v=mH6RVG9nspY
Good luck and God bless!
Martin