Streaming Film Salieri

Italian Public Debt: How will it end?


's counter, kindly provided by the Istituto Bruno Leoni, who has, in real time, the increase of the Italian public debt. It is actually an estimate spread linearly on the inexorable passage of time based on the monthly statements that are published on the subject. For more details, just click on the image.
For decades, the PPE is a problem: after expenses from merry late '70s to the early '90s, the problem has deepened and has not managed to solve it. Decades of privatization, made more or less well, have been sold to Italy as a necessary public re-entry of government debt. The transition from a "mixed" where public and private sector co-existed in a market economy is not, in fact, never been evaluated by the people, because it has never been proposed in clear terms. It was only underlined the need to privatization as a necessary step toward a return required by international treaties.
In fact, no one in Italy, has never believe ideologically to the fact that privatization was necessary to obtain more market, more competition and thus better prices and better services for users, ah ... sorry, for the final score. The entire political class has always seen a loss in the privatization of power and has always resisted as he could: "golden share" (ENEL, ENI, etc..) Banking foundations, pseudo-privatization (station, Finmeccanica, etc..) Are the longa sull'intreccio political arm of the economy and business, often ill repute, which still pervades the Italian economy.
All this has resulted in a huge mockery of Italian investors who jumped headfirst as the government from time to time filed with results sometimes harmful (ah, but here is the fault of the market, September 11, the international crisis, conspiracy, etc.. etc..)
Certainly

1. public debt has not decreased, and is not a problem either solved or being solved;
2. increased competition is perhaps not in all areas, but without bringing the desired benefits, both in terms of better services in terms of lower prices, but often the service is worse and the prices increased (see for example the case of the station, where, apart from the high speed which is a paid service with additional capital injections public and not improving the efficiency of the station, there are investments to improve service and costs for customers are still rising).

will then go to Italy soon in default? It is not known: it is known that the policies made so far have not done anything to avoid it, and then, in the case, the culprits will be (the governments of the last 15 years at least).
The counter is where we hope to stop and then move back because there are more revenue you get out, if you stop because nobody wants to give us credit would mean that the default has arrived and will stay for ever.