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A comment on Italy bridge: Genoa motorway collapse kills at least 22. Parent comment

Re:Italy bridge: Genoa motorway collapse kills at least 22 by gpvos on Tuesday August 14, 2018 @10:50AM (#17758432)
Italy is currently seen as the EU country most likely to collapse financially. There were severe doubts about what was going to happen when a new government was inaugurated a month or so ago. Spain is also not doing very well, but not in short-term danger. US and UK are doing much better (I don't know much about Japan).
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Re:Italy bridge: Genoa motorway collapse kills at least 22 by twunde on Tuesday August 14, 2018 @11:05AM (#17758573)
Even worse is that several of the major Italian banks have a large exposure to Turkey including UniCredit. Italy has the worst youth unemployment in the EU[1]. Consequentially, there was a large amount of drug use in the city I lived in.

https://www.thelocal.it/20170718/italy-european-union-most-h...

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Re:Italy bridge: Genoa motorway collapse kills at least 22 by benatkin on Tuesday August 14, 2018 @12:34PM (#17759393)
I don't feel like the US is doing better. The public debt as a percentage of the GDP isn't the only public debt number that matters. The absolute number and the public debt per capita also matter.
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Re:Italy bridge: Genoa motorway collapse kills at least 22 by gpvos on Tuesday August 14, 2018 @01:58PM (#17760273)
We're drifting off topic, but as long as the dollar remains the world's reserve currency, the US nearly can't fail financially.
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