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Bear

Will we face a bigger crash than post Lehman and 1929 in December?

By David Scott | Monday 10 October 2016


 


The stage is set for the possible collapse of the world’s largest economy, the European Union and the trigger will be Italy’s exit from the euro currency. The Financial Times recently put it this way: "An Italian exit from the single currency would trigger the total collapse of the Eurozone within a very short period. It would probably lead to the most violent economic shock in history, dwarfing the Lehman Brothers bankruptcy in 2008 and the 1929 Wall Street crash."

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