Category Archives: Politics

Italian market is falling down day in and day out, word-of producers

As comprehensible, our situation (do you remember that Italy does not have a government?) has created a peculiar mixture of curiosity and concern among international columnists, who are now seeking to reach a clear path from where watching our chaotic … Continue reading →

Posted in Politics | Tagged Crisis, Default, falling down, Italian economy, Italian market, producers | Leave a comment

Towards Bankruptcy: January 2013, first summary of the Disaster

Everyhing is fine for Italy. We see the light at the end of the tunnel and in 2013 ( 2014 or del 201x) our economy will restart properly. Even if every economic indicator shows the worst overview. Summary by Il Mondo … Continue reading →

Posted in Politics | Tagged 2013, Bankruptcy, Consumption, disaster, eletric energy, italy, january | Leave a comment

Towards Bankruptcy: November 2012, Natural Gas Consumes collapse (and not only… )

We are safe and sound, the interest rate spread is decreasing. So since we are safe, rich and civil persons we have decided to save the whole environment. Pushed by ecology, families and companies have invested on advanced systems for … Continue reading →

Posted in Politics | Tagged Bankruptcy, Consum, italy, Natural Gas | Leave a comment

Temp workers, the number of new unemployed persons at 500.000 starting from 1st-January-2013. Do you think CGIL data is overestimated? Let’s consider this issue.

Let’s start from the news, by TG3-Web: As the new year starts almost 500 thousand temp workers might lose their job both in the public and private sector. CGIL estimates that 70% of the 700 thousand temp contracts would not be … Continue reading →

Posted in Politics | Tagged CGIL, italy, Temp workers, Unemployment | Leave a comment

Why rumors of a triumphal Berlusconi return are greatly exaggerated

[Note of Italian Allegro: this post appeared today on zerohedge. We re-post it because we agree with the analysis: we don't think Berlusconi will be a big winner in next elections, mainly because he definetly lost his credibility. He will … Continue reading →

Posted in Politics | Tagged Berlusconi, Elections, italy | Leave a comment

Italian Consumers’ Trust at the Minimum ever happened (Graph)

What can we say more, Istat Press Release needs no comment, ehm…. but (Istat) forgets just a small detail: Italian Consumers’ Trust is at the Minimum ever happened, yeah another shining result for Monti’s Governement.

Posted in Politics | Tagged Consumption, italy, Monti, Trust | Leave a comment

One Year of Monti: we had Severity, not Tax Revenues

The Government led by Mario Monti completes one year of life and it’s time for a balance. In the speech for the presentation of the Government to the parliament, on 17th November 2011, the Prime Minister said:”International investors keep almost … Continue reading →

Posted in Politics | Tagged austerity, italy, Monti, Public Administration, Revenues, Taxes, Ugo Arrigo | Leave a comment

French Banks’ Exposure on Italy Revealed

Of course, it’s difficult to predict when things will go down or the precise route, but the how is really rather obvious: French banks, hence the bank bailing socialist French government, is highly levered into Italy and Italian debt, among … Continue reading →

Posted in Politics | Tagged Banks, Debt, France, italy | Leave a comment

European Youth: a Lost Generation (Graph)

Often we see terrible graphs, this here presented is certainly one of those: it shows the youth unemployment rate (people under 25) in european countries. The greek one reached 58% last August, 4 points more than July (and with a general unemployment … Continue reading →

Posted in Politics | Tagged Europe, Generation, Unemployment, Youth | Leave a comment

Italian Decline (in 3 charts)

Some of my students asked me which fact could show, in the most synthetic way, the decline of Italian economy in the last 10-15 years. The best “picture” of this decline is, in my opinion, the “italian GDP per capita … Continue reading →

Posted in Politics | Tagged decline, economy, EU, GDP, italy, Ugo Arrigo | Leave a comment

In reality, the IRS took (at least) 116% of the official GDP over the past 8 years

Unfortunately, the estimate presented in the recent post according to which, from the last half of the decade up to 2012, the tax revenue has raised in Italy by 124 billion while nominal GDP increased by only 128 billion, so … Continue reading →

Posted in Politics | Tagged GDP, Government, italy, Monti, State, Tax, Ugo Arrigo | Leave a comment

Fiscal drag took up to 97% of additional GDP (nominal) from 2005 until today

Whilst 100% of Italians thinks that at least 99% of Italians is getting worse from the stability law project, Minister of Economy Mr. Grilli stated last Tuesday during a parlamentary speech, as reported by Italian press agency ANSA: “99% of our tax … Continue reading →

Posted in Politics | Tagged Fiscal drag, GDP, Government, Grilli, italy, Monti | Leave a comment

2012: massacre going on, 1.033 enterprises are killed every day so far

Although newborns enterprises outnumber the dead ones, over the first nine months of 2012, we had to count 279,000 shutdowns, 1,033 per day. Even if the ratio seems positive (almost +20,000) the CGIA of Mestre (link) issues a warning: the new enterprises are … Continue reading →

Posted in Politics | Tagged Bortolussi, cgia mestre, enterprises, italy, pmi | Leave a comment