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Italy: Why things won't recover
  • Vitaliy_KiselevVitaliy_Kiselev

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    http://cassandralegacy.blogspot.ru/2014/01/italys-slow-collapse-how-declining.html

  • 29 Replies sorted by
  • Vitaliy_KiselevVitaliy_Kiselev

    The Rome Opera House sacked its entire orchestra and chorus the other day.

    The opera house board did something unprecedented: they sacked about 200 members of the orchestra and chorus, in a country where no one with a long-term contract can be fired.

    Italian MPs are the highest paid in the civilised world, earning almost twice the salary of a British MP. Barbers in the Italian Parliament get up to €136,120 a year gross. All state employees get a fabulous near-final–salary pension. It is not difficult to appreciate the fury of the average Italian private sector worker, whose gross annual pay is €18,000.

    http://www.spectator.co.uk/features/9349002/italys-in-terminal-decline-and-no-one-has-the-guts-to-stop-it/

  • soundgh2soundgh2

    Love the word foreigners - with a SPB missus makes me chuckle

  • Vitaliy_KiselevVitaliy_Kiselev

    Some 60.8 percent of foreigners polled gave their level of life satisfaction eight or more points out of 10, compared to just 37.2 percent of Italians.

    The number of small businesses owned by immigrants also surged 44 percent between April and June this year as they snapped up failed Italian firms at bargain prices.

    http://www.thelocal.it/20141028/foreigners-in-italy-are-much-happier-than-italians

  • oniononion

    That hookers and heroin GDP boost was good propaganda for the UK government. It also increased the rebate the EU is asking the UK for running the best Ponzi scheme on the planet.

  • brianlbrianl

    The good news is employment prospects in Italy are outstanding for ambitious young hookers and drug dealers.

  • Vitaliy_KiselevVitaliy_Kiselev

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  • Vitaliy_KiselevVitaliy_Kiselev

    Unemployment in 15 to 24 years group raised to 43,3%

    Cool

  • Vitaliy_KiselevVitaliy_Kiselev

    Fun thing, 29th May UK stated that it'll include pot and hookers in GDP also :-) Heading same way.

  • nomadnomad

    Lots of repairs of damage from modern civilization are already calculated in GDP all over the world – these are just two more human activities to be included. As long as money is moving around, nobody cares!

    How many weapons exported from industrialized countries are paid by drug money which came from the addicts in the same countries, what do you think?

    That's why the "war on drugs" will never succeed, it's only propaganda (and a reason to prepare police for other tasks)…

  • babypandababypanda

    So if a lot of people are in bad health and need to take drugs and go to hospitals, that bumps up the GDP. Is that a good thing?

  • Vitaliy_KiselevVitaliy_Kiselev

    Italy will include prostitution and illegal drug sales in the gross domestic product calculation this year.

    Bloomberg :-)

    New methods to rise GDP.

  • babypandababypanda

    hahaha.

  • Vitaliy_KiselevVitaliy_Kiselev

    predictions are for gypsies

    LOL. And stupid comments are for hamsters.

  • babypandababypanda

    predictions are for gypsies

  • Vitaliy_KiselevVitaliy_Kiselev

    And credit don't work now:

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  • RikerRiker

    I think media bombardment and functional illiteracy played a role, after all Italy is a democracy and voters allegedly choose their leaders...and with that being said, ever since mr. Silvio got ahold of his media empire he served Italy with steady diet of pointless daily shows, velinas and football.

    I'm not saying that's the sole reason for his long term governing, but we all know how big of an impact the media has on regular voter.

    Of course, the fact that we live in a world where we need constant consumption to grow is a joke of itself.

    There was a headline few days ago about some rift between US Army and their contractors since the Army was claiming they don't need new tank production anymore...contractors had different opinion...of course you need new tanks...LOL

    It's a ridiculous world led by grown kids. I live pretty close to Italy so I can atest to their situation, they call the new generation "generazione mille euro" since the new kids now are thankful to find a job that pays 1000€ which may be ok in the shithole I'm living in, but in Italy that's close to nothing, they had another standards for decades but now the situation has drastically changed.

    I know a family that owns a house in northeast Italy, and we talked about these subjects. I was stunned when I heard all the taxes and fees they have to pay annually as house-owners, it's a legal racket, no other words to describe it. Something in the lines of 3000€ a year, every year, for your own property.

  • Vitaliy_KiselevVitaliy_Kiselev

    @trafficarte

    LOL, not it is not so important. As I said, fundamental reasons play main role. Idea to fix it blaming governments or such things won't help.

  • trafficartetrafficarte

    Among other reasons about Italy decadence, this is the most overlooked: http://en.wikipedia.org/wiki/Functional_illiteracy

  • Vitaliy_KiselevVitaliy_Kiselev

    Govt is a large monopolistic corporation that has the the right to kill (police and army) and rob (taxes).

    I have different opinion about it. Government is necessary thing made by society. If capitalism and banksters made it useful only to rob and kill (btw, it is not so in most countries were owners are located), they must be made responsible.

    Otherwise we went quite offtopic here as this post is not about government or such. It is how fundamental things lie below piles of crap you see and hear in media.

  • zcreamzcream

    Think about that sentence before you argue for greater regulation. Govt is a large monopolistic corporation that has the the right to kill (police and army) and rob (taxes).

  • Vitaliy_KiselevVitaliy_Kiselev

    In all government regulated industries like housing, healthcare, banking, food, energy the world has constant shortages. "Everything government touches turns to crap." -Ringo Starr

    LOL. We live in the most unregulated period. All this things are now mostly bone by corporations owned by banks. Most governments are owned by same people, so they do not touch anything belonging to their owners,

  • eclippeclipp

    @Riker "Thankfully we'll have these new 4K cameras to capture the agony with the most immaculate detail." - This sentence answers everything.. The only industry whats not regulated by the retarded Governments are the electronics everything else is dictated by bureaucrats. We have no shortages of inventions and price dropping in electronics. In all government regulated industries like housing, healthcare, banking, food, energy the world has constant shortages. "Everything government touches turns to crap." -Ringo Starr

  • trafficartetrafficarte

    If only I didn't live here it would be interesting to see a 4k documentary about this decadence...

  • Vitaliy_KiselevVitaliy_Kiselev

    Thankfully we'll have these new 4K cameras to capture the agony with the most immaculate detail.

    Just remember to stock enough solar panels, batteries, weapon and ammunition :-)

  • RikerRiker

    Thankfully we'll have these new 4K cameras to capture the agony with the most immaculate detail.

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