Andrea Ucini’s telling illustration of an acrobat, dressed in the colors of the Italian flag, holding onto a flagpole while a black crow perches on his leg, portrays the unsettled state of Italy’s banks.
The country’s banking system enjoyed apparent immunity in the immediate aftermath of the 2008 financial crisis. It’s minimal exposure to the global crash caused by the subprime mortgage crisis allowed its banks to remain solvent.
However, as Ucini’s beautiful illustration depicts, there is trouble lurching under the surface. Nearly a decade later, are Italy’s banks on solid ground, or as the drawing shows, are they suspended in midair; a dark omen, lurking.