@MichaelAArouet Going forward…15 years ago Italy moved from retribution based to contribution based. And hiked retirement age by many years. Now way above 65.
Aka…going forward France will have a higher issue with it. That’s what’s getting priced in.
@scimmieinborsa@Schuldensuehner Italy has primary account surplus. There, you can’t retire at 55 anymore. Also, Italy doesn’t have 20M foreigners not contributing but on welfare, yet.
France is a disaster 15 years in the making.
When it blows up, it’ll take all the EU BS rethoric with a massive bang!
@kinjersai@BrightInsight6@grok Not what you asked grok but may wanna check this out:
https://t.co/0qWvUiNlhH
A similar occurrence happened in Italy in the early 60s in what’s still domestically widely known as the Vajont disaster.
2000 people perished and an entire valley got swept and buried under mud.
@Footballtweet It’s a bubble 😉
Pretty clear. Teams doing paper gains to show good books, and just banking on higher valuation next year to cook em more.
The whole league is hyper indebted. The funds owners are one real market crash away from having to undo and unwind all of it.
@frattesiditalia@Inter Basta con le solite tiritere.
Quelli forti esordiscono ovunque.
Si ragazzini che han fatto bene tre partite a luglio ne sono passati migliaia. Tutti, o quasi, dimenticati.