Well, we know it isn’t the Italian banks and other Italian financial entites buying Italian sovereign debt. Mostly it is the ECB buying Italian sovereign debt.
Liquidity moves markets!Follow the money. Find the profits!
It looks like the ECB is the defacto Italian national bank. But how long can this last?
At least Italian median home price growth YoY is almost back to zero!
Here is a photo of Brainless and Brainard.