The leader of Greece’s Orthodox Church warned on Thursday that rising poverty could trigger a “social explosion” amid deep austerity and record-high unemployment, as the country enters a fifth year of recession. “Homelessness and even hunger — phenomena seen during … Continue reading →
“A nation of shopkeepers. Small firms. Some people meant that as an insult, my father thought differently. Small firms like the ones of my father.” I liked the Iron Lady movie. Not only because something has always fascinated me about … Continue reading →
We are the Champions of Europe. Women waterpolo, 2012. Yes we can. Grandi ragazze.
So I got angry once again. At this beautiful conference I was taking part last night, when one of the speakers said, speaking of the Italian industrial system: “there are way too many small firms (SMEs) in Italy (he is … Continue reading →
Depressing for the youngest, uplifting for the dinosaurs like me. There is hope. Grazie Stefano
I always thought that, after a brief period of mutual admiration some centuries ago, the French and the Americans could not get along so well (with the brief interlude of WWII, against the Nazi). I even seem to remember of a boycott … Continue reading →
I can’t have war in Europe to have peace in Italy. I can’t have war in Italy to have peace in Europe. Mario Monti, quoted in today’s Corriere della Sera Italy’s spread over Germany has declined from 531 to 421 … Continue reading →
So here is Italy’s labor conditions for the past decade at a glance for you. A check-up for a sick patient. What do you notice? First, that we are stuck in a trap of some sort from which we have not … Continue reading →
This time it is not different. Carmen Reinhart and Kenneth Rogoff try again, in their latest fatigue “From financial crisis to debt crisis” published in the American Economic Review, to disentangle causal patterns between debt, banking and currency crises. “The … Continue reading →