Category: Economy

Aug 18

Italy’s world records -#2

Italy won the European record of illegal overbulding in 2012, with 161 hectares of land currently converted to new buildings every day (with average of 33 per day in the last 50 years; see other interesting data here). It is a devastating business and a source of major income for mafia. WWF Italia forecast a …

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Aug 15

Italy for sale -#2

Debt, crisis and tax evasion keep their pressure on Italian Government and stress political relationships. In this scenario, tens of theories about sales of public assets crowd the summer debate on media, pushed by Ministers and politicians. Monti Government is now engaged in the new challenge of selling the (residual) family silver, after its recent …

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Aug 06

The Economic History of the Last 2000 Years

The Atlantic reports an interesting history of the world economy, from a JP Morgan research. In the article, you can find other graphs showing the average GDP per capita in different Counties and areas, and a summary of the research explainin the economic trends, before and after the Industrial Revolution.

Jul 27

French dream

In these days, major Italian media published on the Web false information about the unbelievable Hollande’s economic measures and achievements (as heavy cuts to Church, benefits and wages in the public sector, several thousands new jobs created, etc.), taken from a fake on Facebook and Repubblica as detailed by Wired and  Excite , while they miss …

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Jul 25

“Stop socialism”… and “information theft”

There is a bit of humor in the paper presented by the SPD leader Sigmar Gabriel against dominant policies for banks bailout with public money, and States sinking with economic and social disasters. However, both that paper (presented in this interview to Tagesspiegel) in Germany and the plea to stop ‘information stealing’ on economic and …

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Jul 24

$21 trillion hidden from taxman by global elite

  A sum equal to the US and Japan GDPs flows out of wealthiest Countries to ‘tax havens’, being 81% of world financial wealth in the hands of 0,14% of world’s population A study by Tax Justice, a Network founded by the former McKinsey’s chief economist James Henry, reveals the huge dimensions of money leaks …

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Jul 21

US economic recovery is a dangerous mirage

Unlike the eurozone and the UK, where a double-dip recession is already under way, the US has undergone even more public sector releveraging – effectively stealing growth from the future… Nouriel Roubini, Guardian Business blog