ISTAT (Italian National Institute of Statistics) has released the 2012 Survey on regional household disposable income today. Despite low timeliness, the report offers the last official data highlighting the descending curve of households economic conditions in Italy. A big gap among Italian regions stands above the average disposable income (€17.563 according to ISTAT, or slightly …
Tag: Crisis
Feb 03
The lens of the EU Anti-Corruption report 2014 on Italy
The EU Anti-Corruption report 2014 has been released today. Many are the bad news for Italy, confirming the reasons of the long and dramatic crisis in this Country are strictly tied to the conditions of its political, social and economic environment. The EC confirms that “despite considerable efforts, corruption remains a serious challenge in Italy” …
Dec 04
Bail-ins and deposit confiscation
From comedonchisciotte.org the (old) ‘Future of Banking in Europe’ Conference report (with some commercial interest by goldocore.com for example) is shocking… One of the aspects of the new negotiation on the European union will be a ‘bail-in’ of deposits when banks fail in the future. Michael Noonan, Ireland’s Minister for Finance at the time, confirmed …
Nov 28
A US message to China
Oct 29
Italy’s world records #5
Last available data from national and international bodies confirm the decline of Italy. GDP dropped at ninth place in the world and an array of negative records are declared by major authorities in these days. Actual jobless people, including those “discouraged” who are not actively looking for jobs, is around 6 million which is double …
Oct 22
USA and the world: what is beyond the debt default
The world is probably living its most dangerous economic era, which begun with the capital off-shoring in the seventies, continued with the great financial bubble from the eighties and is now approaching the next stage of collapse. This is the ultimate crisis and will spread from the USA as in the most recent ones. The …