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Robin Brooks @robin-j-brooks.bsky.social

That unfortunately is the right question. And you can’t even really blame Italy. In the end, it’s all about incentives. If you cap yields and switch off the warning sign from markets, politicians naturally will assume everything is fine. So it all comes back to the ECB and yield caps.

sep 1, 2025, 1:00 pm • 1 0

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Marcello Graziano 🇺🇦 @marcellograz.bsky.social

Oh we can blame Italy AND the perverted incentives.😄

sep 1, 2025, 1:02 pm • 1 0 • view