One chart demonstrating why they had to try and fix Italy fast …

by | Nov 14, 2011 | Economic Intrigue, Just plain weird, Please fuck off., Politics, UK Misery, Well I never.

If you were wondering what the unseemly rush to replace an elected leader with an EU mole was all about then the following chart from ZeroHedge nicely shows the rather large amount of Italian (and other) debt needing buyers at the beginning on next year and, at 7% plus, it certainly would not be sustainable. Whether they can actually sort anything out in time is another matter but we seem to have a rough few months ahead yet :

A lot more charts over at the ZeroHedge article itself which makes for very informative reading.

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