What If Italy Leaves The EU and DEFAULTS On Its Debt? Capital Controls Are Coming!

What would happen if Italy left the Euro? Would they be able to cope? Could they handle using the Lira once again? This certainly wouldn’t be an easy task as it would bring about a global recession as the threat of a complete breakdown on the EU would commence, the ECB would ramp up the printing presses and the stock markets would fall rapidly.

Basic informations about TARGET2 - www.nbs.sk
https://www.nbs.sk/en/payment-systems/target2/basic-informations-about-target2
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Deutsche Bundesbank - TARGET2 - TARGET2 – Balance
https://www.bundesbank.de/Redaktion/EN/Standardartikel/Tasks/Payment_systems/target2_balance.html
Eurointelligence Displays Stunning Ignorance Regarding Target2 - Mish Talk
https://www.themaven.net/mishtalk/economics/eurointelligence-displays-stunning-ignorance-regarding-target2-z4gxRI47k068w75di8QZtQ/
Report - TARGET balances - ECB/Eurosystem policy - Reports - ECB Statistical Data Warehouse
http://sdw.ecb.europa.eu/reports.do?node=1000004859
How to exit the euro in a nutshell - 'The Savona Plan' | Center for European Policy Studies
https://www.ceps.eu/publications/how-exit-euro-nutshell-il-piano-savona