Article

2005-05-12 Europe

Italy's Economy Enters Second Recession in Two Years

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Posted by phil_b 2005-05-12 09:59|| || Front Page|| [2 views since 2007-05-07] Top

#1 As much as I like to gloat over the failure of socialism, I fear the Europians will not learn from this. Instead of opening up to a free market economy, I fear they will go back to the nationalist socialist model they can't seem to get away from when all hell breaks loose.

Posted by mmurray821 2005-05-12 10:48|| 2005-05-12 10:48|| Front Page Top

#2 Germany is already doing it and blaming it all on the evil Amis. Shows they have learned nothing.
This time no US blood for western Europe.

Posted by Sock Puppet 0â Doom 2005-05-12 17:03|| 2005-05-12 17:03|| Front Page Top

#3 The typical euro response would be to ramp up trade promotion efforts in ~~former colonies~~ emerging markets. Senior govt officials will get on planes to Africa and Beijing and various rogue states and push construction projects and heavy machinery.

Heaven forbid that they would actually seek to stimulate growth by liberalizing markets and enabling startups.

Posted by thibaud (aka lex) 2005-05-12 17:10|| 2005-05-12 17:10|| Front Page Top

#4 Look for more Euro trade missions to and more ass-kissing of Iran.

Posted by thibaud (aka lex) 2005-05-12 17:11|| 2005-05-12 17:11|| Front Page Top

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