Friday, January 21, 2011

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Italy into the trap of debt

As shown by the trend curve of the graph, the Italian debt grows continuously and consistently for more than 30 years, making the prospect of bankruptcy more concrete .
Due to bad government and excessive waste, the Second World War the public debt has risen always and will continue to surge in 2010, surpassing the 123% in the debt ratio. By next year, has run Tremonti noticed that there is a crisis, if until recently declared "Crisis? Italy is out, the government has faced a risk of collapse of public finances ", but are now preparing to confess" We're like a video game, see a monster, the battle and win, then it appears another strong the first. "
In monetary terms, the Italian debt now amounts to its historical high of € 1,869,141,000,000 and I invite you to click on the link to see how salt, every second, the disturbing "counter the debt." To make the idea better, consider that between January and July 2010, the debt rose by € 50.100.143.820, more than 7 billion per month, 236 million per day, about 10 million euro per hour, € 164,112 per minute.


Implicit is the increase in the deficit, simplistically the negative difference between revenues and expenditures, annual debt unstoppable because of our country. In 2010 Italy, according to IMF estimates, reporting a negative balance of government accounts equal to 6.3% , a difference of 1, 5% in 2007.
The figures speak for themselves and this seems in store for the fall 2011, reaching the threshold of two trillion debt. Yes, trillion. The debt per capita
is 31mila €, in other words, each of us carries the weight on the rump of the public debt, which sooner or later will present the bill, equally to rich and poor.
To prevent the debt explodes, as the current situation in Greece, the antidote is a good growth rate, at least 2%. According Lodovico Pizzati, Economist University of Venice "Italian Slow growth, which s'attesta to a paltry 0.2% is not enough and also - he explains - if 25miliardi decrease public spending alone is not enough because you could kill growth. "
The recipe for increasing growth without question is less corruption in the first place, the less state presence in favor of free enterprise and is not a personal opinion, but the careful studies show OECD. estimates of the Organization for Economic Development, liberalization will increase productivity by 14% Italian with an unquestionable improvement in the quality of services provided.
In this regard, Ugo Arrigo, an economist at the University of Milan comments, "Some companies may very well be on the market, leading to the use of lower tariffs for citizens and better management of assets over the capitalist false, the mayor, Tremonti, the Head of Government, in short, the entrepreneur who makes money with her are certainly not worse than any other person who does the same thing with risking their own money. "
So, as we were in a videogame, we are invaded and attacked hard by monsters and weapons to defend ourselves get taken in hand to ensure the interests and the preservation of the few who are monsters, they have not ever seen while being responsible invasion.


Eleonora few

Source: Outside the Walls

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