With a debt-to-GDP ratio of 130%, weak demographics, and minimal growth over the last decade,...

|By:, SA News Editor

With a debt-to-GDP ratio of 130%, weak demographics, and minimal growth over the last decade, Edward Harrison isn't sanguine about Italy's ability to grow itself out of its debt problem. If Italy can't grow, and no eurobonds are issued, Harrison thinks "eventually Italy will default and the euro will be finished."