Italy slides back into recession

So is this a surprise? The countries of the world are all fluff, unsupported where it matters. Just like a building with no support that gets too heavy they're imploding, collapsing in on themselves from the debt.

march to september must be a danger time to visit and be in EU this year...its is ready for the big earthquake hits in every country

They could save a few dollars by not putting their seismologists on trial for manslaughter for not predicting earthquakes.

You would think that people who believe in socialism would realize it has NEVER worked. It hasn't worked in the past and its not working right now in Europe.

They need to export some high quality and authentic pizza chains to the rest of the world, much like we do with Domino's and Pizza Hut.

Icelandic lesson for the whole world
ARTICLE KEEP TELL A FRIEND

Icelanders made the government, which sanctioned under the dictation of the world of finance, to impoverish the Icelandic nation according to the script currently "copy" by Greece, gave a set to resign!

Iceland's main banks were nationalized, and the inhabitants decided unanimously to declare the insolvency of the debt that was incurred by private banks in the UK and the Netherlands.

There has also to establish a National Assembly in order to transcribe the constitution. And all this in a peaceful manner. It's a real revolution against the government, which led to the current collapse of Iceland.

Are you sure you're wondering why these events have not been widely publicized? The answer to this question leads to another question. What would happen if the rest of European nations took the example of Iceland?

Here is a brief chronology of the facts:

September 2008: the nationalization of the most important bank in Iceland, Glitnir Bank, with the result that stock market crashes and their action is announced bankrupt the country.

January 2009: Protests cause people to parliament Prime Minister Geir Haarde resigned and the whole social-democratic government and early elections.

The economic situation is still bad and the parliament presented a bill that would have private debt to private banks (to the British and Dutch banks) is 3,5 billion Icelandic blame the family for 15 years at a rate of 5.5 percent.

In response to this second stage is a peaceful revolution:

Start of 2010: the inhabitants of occupied squares and streets again, demanding ad referendum to the foregoing.

February 2010: President Olafur Grimsson Veto the bill proposed by the parliament and announce a national referendum in which 93 percent of voters in favor of defaults on that debt.

In the meantime, the government ordered a judicial inquiry to determine those responsible for bringing to the existing crisis. Are issued the first arrest warrants for the bankers, who wisely fled in advance of Iceland.

In this crisis moment is called the assembly to write a new constitution before considering science as "an adapted lesson." To this end, 25 people are chosen free from party affiliation of the 522 who attended the vote (the selection criterion of the "25" - apart from not having any books of the party - was the age of majority and to present 30 signatures in support of their person). This new constitutional council has started work in February, which is to end the presentation and submission to a vote in the forthcoming elections of its original "Magna Carta".

Has anyone heard about it all in the European or USA media? Do we have seen, at least one picture of these events in any television program? Of course - NO!

In this way, Icelanders have given a lesson of direct democracy, national independence and monetary policy across Europe peacefully opposing the System. A minimum of what we can do is be aware of what had happened, and make it a "legend" passed from mouth to mouth. So far we still have the ability to bypass news media-manipulation serving the economic interests of large transnational banks and corporations. Not lost this opportunity and told the other, in future, be able to take similar action if necessary

No kidding! I thought they were on the right track. Guess we are next to be downgraded again. No more money for the government I the tax payer have run out. Think I'll go on welfare. Can get more money than if I work and pay taxes.

Vada a Bordo, Cazzo!

maybe once the whole world is fkn broke-every 1 will wake the hell up and understand why you can not allow evil corupt jew banksters to run monetary policies or use a privatized central banking system-time for every country to take a stand gainst the criminal monetary policies instilled on every 1 arounf=d the world-you would probably wake up a lot sooner if you actually understood that the worthless paper they give us for pay is just that -as long as they are able to manipulate and control inflation and deflation

Wow the Costa Concordia really did some damage!

Why does the new Italian navy use glass bottomed ships? So they can see the old Italian navy.

See Greece. The EU is a joke.

Monti !

Bad time to be losing that precious Iranian oil. The should demand that Israel find some oil for them since they are the ones who benefit from sanctions.

Any country that spends more than they take in is in dire danger of having a recession, and even a depression. Balance budgets, stop give away programs, and reward those who work and support themselves and their families.

Italy slides back into recession.....sorta' like the Costa Concordia slidin' into the ocean, huh?

American media try everything to discredit Italians, in this picture this woman is not even Italian but an homeless (gypsy)
italy despise the big debt is the third biggest economy in euro,third largest gold reserve in the world,8.5% unemployment,second largest manufactory industry in europe and second largest exporter in europe. italy make up 17% of the european economy
why american media are never report the all picture with good and bad of Italy? maybe is the famous "financial speculation??