Europe is faltering

Titian / Wikimedia, CC

• Italy recorded GDP growth of exactly 0.0%.
• The economies of Germany and the UK also looked fragile last week.
• "Eurozone growth is faltering faster than we had expected," says HSBC.
• Until now, Europe has coped with a war in Syria on its Southern border, Russian incursion into Ukraine, the Greek crisis, Britain voting to leave the EU, and Turkey falling off a cliff. But the Italian debt crisis and Trump’s global war on trade might be the final straws.

Italy may be one crisis too many.

 

See the rest of the story at Business Insider

NOW WATCH: Wikipedia founder Jimmy Wales: There's going to be an 'enormous backlash' against Donald Trump's lies

See Also:

SEE ALSO: $1.6 trillion in risky corporate debt ballooned after the Trump administration reversed an Obama-era policy discouraging high leverage