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(Global Geopolitics)   The third largest nation in debt says it likely needs a bailout in six months or everything could go to hell in an Italian handbasket   (glblgeopolitics.wordpress.com ) divider line
    More: Interesting, largest nations, Italians, eurozone crisis, Mediobanca SpA, Italy, credit crunch, rescues, Federal Reserve  
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1695 clicks; posted to Business » on 25 Jun 2013 at 11:18 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



18 Comments     (+0 »)
 
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vpb [TotalFark]
2013-06-25 10:51:21 AM  
The 9th largest economy with the 3rd largest debt.  That should work out well.
 
2013-06-25 11:27:12 AM  
Germany's gonna own all of Europe the old fashioned way...

Buying it.
 
2013-06-25 11:31:14 AM  
Amanda Knox caused this.
 
2013-06-25 11:44:07 AM  
Is it Tuesday already?
 
2013-06-25 11:52:34 AM  

meat0918: Germany's gonna own all of Europe the old fashioned way...

Buying it.


A German banker in an analytics department told me "We're finally going about war the right way." in 2011.
 
2013-06-25 11:59:07 AM  
I hope their list of demands includes releasing Silvio Berlusconi from prison and pardon him from all crimes in order to write off Italy's debt. He is a great man and deserves to be President of Italy again.
 
2013-06-25 12:03:51 PM  

Funk Brothers: I hope their list of demands includes releasing Silvio Berlusconi from prison and pardon him from all crimes in order to write off Italy's debt. He is a great man and deserves to be President of Italy again.


Is this based on his ability to rape minors, to commit tax fraud, or is this just snark?
 
2013-06-25 12:24:24 PM  
Let Italy fall. Any aid directed their way will be grabbed at by the Mafia anyways.

The EU should really eject a few of the nations dragging it down.
 
2013-06-25 12:31:12 PM  

Balder333: Funk Brothers: I hope their list of demands includes releasing Silvio Berlusconi from prison and pardon him from all crimes in order to write off Italy's debt. He is a great man and deserves to be President of Italy again.

Is this based on his ability to rape minors, to commit tax fraud, or is this just snark?


Sounds like a shoe-in for the Papacy. Just needs big hats.
 
2013-06-25 01:46:09 PM  

skinink: The EU should really eject a few of the nations dragging it down.


So that would leave who left in the EU then?

Germany and the UK?
 
2013-06-25 02:41:18 PM  
Back in the 90s northern Italy threaten to break off and let Rome deal with the southern half.

/I think the idea popped up again a few years back
 
2013-06-25 03:15:05 PM  

ghall3: skinink: The EU should really eject a few of the nations dragging it down.

So that would leave who left in the EU then?

Germany and the UK?


It's Germany and a couple of the smaller northern countries that will end up leaving the Euro, which can then depreciate.

I'm suggesting the Germans go with "reichsmark" for their new currency.
 
2013-06-25 03:41:22 PM  

opiumpoopy: It's Germany and a couple of the smaller northern countries that will end up leaving the Euro, which can then depreciate.


The Euro is done if Germany abandons the Euro as the obligation to bail out Greece, Italy, Ireland, and Portugal will fall to whomever then has the most powerful economy in the EU. That country will then bail out, rinse and repeat.
 
2013-06-25 03:49:39 PM  
Force the Vatican to pay taxes on all of the untold billions they have and put that right in to the coffers of Italy.  Should do the trick.
 
2013-06-25 04:01:55 PM  

Kristoph57: Balder333: Funk Brothers: I hope their list of demands includes releasing Silvio Berlusconi from prison and pardon him from all crimes in order to write off Italy's debt. He is a great man and deserves to be President of Italy again.

Is this based on his ability to rape minors, to commit tax fraud, or is this just snark?

Sounds like a shoe-in for the Papacy. Just needs big hats.


No no no they need to give him a golden laurel and crown him Ceasar.
 
2013-06-25 04:14:52 PM  
Bunga, Bunga
 
2013-06-25 04:50:13 PM  
A real fiasco, if you will.
 
2013-06-25 06:33:39 PM  

vaakenjab: Force the Vatican to pay taxes on all of the untold billions they have and put that right in to the coffers of Italy.  Should do the trick.


Your anti-catholic bigotry aside, the Vatican is a separate sovereign state. It's not part of italy. You might as well suggest they tax all property in Brooklyn to raise money.
 
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