💨IMPACT LEVEL 1 — MEH
Epstein File EFTA01384457: Asset, Forced and Controlled (DS10)
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A financial analysis document discussing economic vulnerabilities of Italy and Japan, noting potential economic risks related to debt burdens, political instability, and regional banking challenges.
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Excerpt 1
Italy and Japan have seemingly unsustainable debt burdens and are likely
**vulnerable** to a crisis outcome.
Excerpt 2
Italy is perhaps more **vulnerable** because
of precarious and fragile politics, elevated levels of populism and a central
bank that is regional and not domestically
Excerpt 3
18 September 2017
Long-Term **Asset** Return Study: The Next Financial Crisis
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Figure 7: Percentile Valuations of 15 DM Bond and Equity Markets back to 1800
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