The Benefits of COVID in the Italian Debt Market

The Italian debt market was bailed out by COVID and I'll explain that to you, right? So there are two things at the right time. The ECB reacted by saying, okay, don't worry, we'll extend as much credit as possible. We'll buy up as much debt as possible. And it can't now unravel that trade because by unraveling that trade, it risks a debt crisis again in Italy. They've just been lucky. Absolutely clever. These are clever, clever people. That's why the Germans are so pissed off about everythingBecause they've been out smarted and outfoxed and outplayed and outmaneuvered by the Italians.That's the whole