Everything you need to know about Italy's budget crisis — which threatens to trigger a major market meltdown

📆 08/07/1397 02:17 ب.ظ

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The budget crisis can be traced back to March's general election, in which both Five Star and the League ran on platforms based on anti-austerity policies, high levels of spending on infrastructure and social welfare, and tax cuts for lower income Italians.

📆 08/07/1397 02:17 ب.ظ
📰 BusinessInsider

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Italian Budget Weighs Down Global StocksItaly’s new budget target dragged down European markets and U.S. Futures on the final trading day of the quarter. beginning of a global recession? Turkey is supposed to have one, Argentina is projected to stumble into one, the USA with Trump is applying for one..... ZSmilowitz If the federation was run with care there would have been no dissent
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