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Italy's in terminal decline, and no one has the guts to stop it

Italy's in terminal decline, and no one has the guts to stop it

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Su suggerimento di @Space Tractor.

Nicholas Farrell, Italy's in terminal decline, and no one has the guts to stop it, da The Spectator, 25 (?) Ottobre 2014

Even including all the cocaine and bunga-bunga does not alter the extra-ordinary fact that Italy's economy has been stagnant since 2000. Indeed, over the past five years it has shrunk by 9.1 per cent. Worse still, it went into deflation last month, the thing that everyone most fears — even more than hyperinflation — and which caused the Japanese economy to stagnate for 20 years.

 


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