Best I can tell, the current debt bubble we're kicking along goes back to the S&L crisis of 1988, caused by dereguation to juice the economy after diastrous price controls instituted during the mid-1960's. We've pretty much been limping from one crisis to the next once the rest of the world got over WWII.
But enough about our country. Why don't we talk about your country? Your industrial sector's actually doing OK, right? All we get in the news is the tacky sex scandal. Berlusconi uses his crotch like Cheney uses a gun. Everything all peaches and light in he libertarian, low tax, small government utopia of Italy?
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2009-09-03 12:29 pm (UTC)But enough about our country. Why don't we talk about your country? Your industrial sector's actually doing OK, right? All we get in the news is the tacky sex scandal. Berlusconi uses his crotch like Cheney uses a gun. Everything all peaches and light in he libertarian, low tax, small government utopia of Italy?