BMDPY - Europe - Watch Out!
Brussels, of course, will tell you that everything is just fine. The sky is blue, the sun is out, and the rosebuds are about to bloom. Don't believe them. The European Union is festering.
On March 4, the Italian elections will take place. Their banking system, as exemplified by Monte Dei Paschi (BMDPY), Veneto Banca (VENBF) and Banca Popolare di Vicenza continues to be in trouble, in my estimation. This vote, far undervalued by the markets, could have a quite serious impact on the entire European Union. Virtually no one is paying attention. My bet