The Big Problem With Italy’s Unexpected Economic Boom

Is one of Europe's most troubled economies suddenly doing much better? Well...not really.

[@johnl.7754]

Sadly voters won’t remember who created this debt just who was in power when economy slows down. This is true for all countries

[@raymond_luxury_yacht]

That's easy. Politicians created the debt. Don't matter which one. That class of people is the worst disaster that any country can endure.

[@mastomax]

I'm from Italy I think my country is destined to become unpopulated with the most old population in Europe and immigrants from really poor countries. That's why riots in Italy don't happen because old people like this kind of policy

[@fanniinnanetguy653]

​@@mastomaxOld people don't tend to riot

[@MarketsDriveTheWorld]

Debt to gdp is decreasing so what are you talking about? Also does this dude know the projects was done by LEFTIST parties.... Meloni just has to manage what they did and she blame it all the te to make sure people's knows it's the leftist fault. 😂😂😂

[@MarketsDriveTheWorld]

Guy... The leftist did that project not Meloni....

[@matteobarolo8686]

I'm 30 and i'm italian and i wanna go away from this country as soon as possible. Thanks for telling the truth

[@xyz-tn3pl]

But how about La Dolce Vita 🇮🇹 ?

[@albertomarzani3216]

Vai, non ci mancherai

[@matteobarolo8686]

@@albertomarzani3216 ma magari non ti mancherò io, ma mentre tu ti mangi gli spaghetti ti MANCHERANNO ingegneri, medici e infermieri che andranno da qualche altre parte

[@TavasM]

🇧🇷

[@swaggery]

The biggest problem with this is it's yet another version of a government pension program. The old and rich that already had houses they owned were the only ones that were able to benefit from this and now they will expect the youth in poverty to pay for all of the loses. If I was under 30 years old I would do everything I can to flee and never return to the country after seeing this as the policy the national government chose to go with.

[@sierrachief117]

You will need to leave earth as no place is a perfect haven or a utopia.

[@artman12]

But where to flee? Pretty much all the developed countries are facing the same problems.

[@lucyanderson9064]

@@sierrachief117 If older people would stop ruining the planet for everyone, it could be utopia.

[@Murmilone]

@@artman12 why do you need a developed country when you see that the developed countries are underdeveloped in fact?

[@lucasdeclauser1862]

I fled 10 years ago with 19 and I am happily living in Germany

[@marcoac-sx6lq]

You're right but: 1) Italy didn't narrowly escape bankrupcy together with Greece. As a matter of fact Italy didn't even need to be bailed out after 2008 crisis, as Spain, Portugal and Greece did. 2) Italy has a high public debt, but by far the lowest private debt of western europe 3) last time I checked the Italian net investment position was positive, that is Italy is an international net creditor. Most of its debt is internal 4) normal countries which don't have to live in the framework of the EU and Euro currency can do whatever they want to stimulate their economy, and we have many successful examples in the world, and Italy was one of them before the Euro

[@philipopruesse4259]

The old Italian model of depreciation of currency is what Turkey now has. Better to finance the deficit at artificially low interest rates, like it’s now doing

[@marcoac-sx6lq]

@@philipopruesse4259 I don't understand the use of the word "artificially" in this context

[@philipopruesse4259]

Artificial in the sense that the government issued a one-off debt money injection to boost the economy versus sustainable growth through improving the business environment long term. Italy must reduce the stranglehold of the unions, reduce red tape drastically and give incentives to start and expand high technology companies

[@greenlaw6503]

Jajaja a deficit supporter. I thought i wouldnt find anyone anymore after milei, but what do u know, here is one!

[@theteamxxx3142]

@@philipopruesse4259 we can cut a lot of welfare especially for immigrants . I also would go to putin trade italy not supporting ukraine for cheap oil and gas and new pipeline to italy trough neutral and russia ally state so that italy would have a competitive advantage over germany the one lost BY germany . On top of that italy needs to rewrite it's burocracy and make reforms

[@GiancarloTravelBlog]

While many arguments presented are true and it's unrealistic to consider Italy as the main economy of Europe anytime soon, I believe this video perpetuates stereotypical misconceptions that Northern European countries have about Southern European economies. Italy indeed faces numerous challenges, but it also has many strengths. Why don't we ever see videos discussing how the German economic model is unsustainable and how Germany might soon face tough economic situations similar to those in France or Spain? Italy is not the "sick man" of Europe; it's European economies as a whole that are facing significant challenges, with Italy being the first to experience them fully. While I agree that the Superbonus scheme generated inflation and drove up prices, it was also a positive measure for boosting consumer confidence and willingness to spend, which are crucial for addressing the slow growth Italy has experienced in recent years due to severely low household spending. Additionally, Italy has made huge improvements in terms of reducing fiscal evasion, decreasing it by almost a third in just the last five years (from over 150 billion euros to less than 100 billion euros annually). For me, the real problem that this video highlights is that the Italian government is still doing very little to make life feasible for young workers. I had to live elsewhere to find opportunities for a sustainable salary and to avoid being exploited by the Italian working environment. Continued brain drain will destroy any possibilities Italy has of truly recovering. With that said, I would suggest the author to focus more on how the Italian economy could evolve towards more sustainable and structural economic growth instead of unwillingly advocating for austerity measures, which have historically harmed growth in Italy more than any potential future fiscal policies might be doing right now. It didn't work in 2010 and will not work today.

[@tizianopesci2263]

I am italian worker without a property. The superbonus scheme that I am paying and I will pay for the rest of my life through taxes, has just wider the wealthy gap between owners and renters. And I didn't benefit from it at all. It has been one of the sh******t moves italian government did recently as the reddito di cittadinanza.

[@bobiq]

If we don't see videos about economic voes of Northern European countries, then just make one!

[@Mido_]

You said it increases inflation but Italy's inflation this year is extremely low (which is why I guess you didn't show it).

[@zafiroshin]

That's because in the ECB in the meantime drastically increased interest rates to fight inflation. In Italy Superbonus 110% was probably one of the main drivers of inflation (to which ECB had to respond to)

[@MarketsDriveTheWorld]

​@@zafiroshinOk but this works for every EU country.

[@TheSandkastenverbot]

Inflation is sometimes hard to predict and in this case I don't see a mechanism for high inflation. Inflation might become an issue when unemployment rates get very low but Italy is far from full employment. Well, home renovation will surely get more expensive due to rising demand and constant or slowly growing supply, but other than that I see neither growing demand nor reduced supply anywhere else.

[@OfficerRhine8511]

Agreed isn’t it like 0.75% Italy actually dropped debt to gdp from 156% to 137% from 2020 to 2023 and Italy regained its net positive Budget. Also Italian stock exchange increased by 28% in 2024 Italys economy will become much better however lots of the negatives stated in the video are true and seeing little gains on its issues

[@tanner293]

One positive note is that tax evasion in Italy is reducing quite steadily in the past few years, it has gone from 21% to 16%, thanks to cross checking and, mandatory credit card POS for every business and other measures. it's estimated that thing s will improve further in the upcoming years

[@marianocondrache989]

Are you kidding? The tax evasion is low and debt is higher? I think that the Real tax evasion has increased from 26% to 50%

[@armelamocka785]

People getting state funds and working illegally in the mean time are a burdain. Increasing estimated life expectance and birth rate near to 1 are another big burdain to sustain. Tax evasion just adds to lots of weak points. Big positive fact: italy is packed with money, black or white you know…

[@lelestuff]

As a young italian I can say one thing: the fact that each and every under 35 I meet is not optimistic towards the future of this Country, says it all. Italy is a place where you spend your vacations, not a place where you live.

[@stratosferica42]

Speak for yourself dude...

[@KenHubbard-jz1vq]

MOSTLY BECAUSE THIS IS ALL PART OF THE AMERICAN CZARS PROPAGANDA MACHINE AND POINTING OUT ANYTHING GOOD ABOUT BRICS DOESN'T FIT THERE NARRATIVE JUST LIKE GERMANY'S NEGATIVES , GOOD ON YA ITALY YOUR NOT ALONE

[@asdasdasddgdgdfgdg]

I haven't watched the video yet but let me guess: New, fresh debt is being sold as "economic growth" ??

[@francisravenscroft-dw6gi]

I m old. I have a house- in the UK . I cant afford to repair it. so when I die, some one buys a dump. If I was in Italy, I would get the state funding to fix the house. when I die the governement get govt get more tax on the sale of the house, the neighbourhood houses are in better shape, so young people get a better house in a better nieghbourhood, may they even think to have kids....

[@Alexlinnk]

That's so ridiculous

[@Juan-xm7tt]

Italy is so cooked

[@MarketsDriveTheWorld]

He is probably a leftist trying to criticize Meloni, now he should explain who did that project...... Spoiler the leftist😂😂

[@_Isabellacoach_]

I’m Italian and yes the economy here is not doing well and the job market is crap and you can’t survive unless you live with your parents or friends…

[@greenlime8726]

@@MarketsDriveTheWorldYes but Meloni made a lot of tax cuts and increased pensions so it’s not so much better

[@deadwolf3607]

​@@_Isabellacoach_ Thats legit most of the world😅

[@jessynixx]

I am Italian and that does not sound right.

[@LeonardoCeli-jq8ck]

in parte lo è ma principalmente ha detto cose in generale poiché non vivendo in italia non sa nel dettaglio quali siano le riforme che ha fatto questo governo come il taglio della scaglia sull'IRPEF ecc....

[@1908augusto]

troppo vero i stipendi sono sempre gli stessi

[@Anti-CornLawLeague]

3:55 Why Keynesianism doesn’t work.

[@yarpen26]

It works when it fits the times. A full free market would have killed the post-WW2 economies. Italy would have torn itself apart in a civil war had the trade unions not reach an agreement with the Christian Democracy and their affiliated entrepreneurs.

[@jacklemonfizz6898]

Nobody has adopted Keynesianism measures, the European treaties do not allow it. Anyone who says otherwise is a liar

[@gabrielepini7703]

bravissimo splendid analysis, I am Italian and I can assure you nailed it.

[@darkblade6460]

Feels like every economy is booming nowadays.

[@benchoflemons398]

Italys fiscal situation is not sustainable but yet people will beg for more antiausterity measures

[@antoniotorcoli5740]

According to the OCSE data, Italy is the only country in Europe were wages decreased in real terms compared to 30 years ago. Italian families live in austerity since then.

[@benchoflemons398]

@@antoniotorcoli5740 Italy has had no austerity. On a per capita basis the deficit grows. Germany has austerity; Spain, Italy, Greece, Portugal, etc. do not have austerity

[@antoniotorcoli5740]

@@benchoflemons398 what I meant is that families live in austerity since 30 years since wages decreased since then in real terms. If you prefer, instead of calling it austerity, you can call it misery. It is even more appropriate. The country itself of course never applied austerity since 1973.

[@pedrotrigo895]

​@@benchoflemons398Dude I am portuguese, and I can only say: you are very delisional to think that

[@benchoflemons398]

@@pedrotrigo895 because nothing says austerity like the nhr regime, right? lol

[@giacomo2661]

😂😂😂😂😂😂 while this guy is talking bollocks, enterprises can not meet demand, profit are soaring, gov debt is in demand, many parts of italy are at full employment...... guys, we can sleep tight, his words are just possibile scenarios, reality is much different. I understand that someone somewhere can have an opinion.

[@medicardi8188]

IN YOUR DREAM. WHERE I LIVE THE SITUATION IS GETTING WORSE YEAR BY YEAR IN EVERY ASPECT OF DAILY LIFE. FROM HEALTH CARE TO PURCHASING POWER, WHILE WE YOUNG PEOPLE ARE FORCED TO LEAVE.

[@TheSandkastenverbot]

Do you understand what it means when growth is 100% financed by government debt which is already sky high? Will private home renovations increase productivity, which is the nr. 1 problem of Italy's economy? Will this help southern Italy close the gap to the North? As long as normal Italians are gaslighted so easily you will keep voting for clowns and fraudsters. Apart from that: Italy has one of the highest youth unemployment rates in Europe. Where is this "full employment in many parts of Italy"?

[@om-qz7kp]

​@@medicardi8188where do you live

[@Margherite2]

Unemployment especially for young people is increasing. This video is totally right

[@danielrizzo4927]

Excellent video! Liked and subscribed! Please do an update on Argentina with the reforms that are already in place.

[@HakeemNana-mc9cz]

You're video aren't audible

[@riccardon3685]

Impeccable summary😮 grazie!

[@_Isabellacoach_]

And I’m one of those Italians who’s planning to study and work abroad in a better country like Switzerland 😂 The job market in Italy and wages are going downhill and even people with a PHD can’t find a decent job and earn more than 2K€ per month (actually making more than 1200€ is already amazing here)

[@lucaspublictransport995]

Nothing is changing, if not for the worse Who else has seen this economic boom? For sure, not the young people

[@bogdanbogdan3462]

Nice vid! can you do something on other economies from the EU? It is so hard to find content in English on the subject of individual EU countries' economic situation.

[@schumanhuman]

The trouble with subidising property development is it also raises land values which then increase land speculation, the government should recoup those land value increases with land value tax and permanantly untax improvements for sustainable growth.

[@thumperhunts6250]

few will get this. the land is too expensive to buy because it is too cheap to own. tax land and nothing else.

[@philipopruesse4259]

Glad to see that someone else has seen through this artificial economic uptrend

[@emagoutard2576]

Bravo, madame Mélanie🍾👍🇫🇷🤪

[@kc17131]

Actually the GDP growth is a reflection of improved employment figures.

[@ambessaseway5594]

Young Italians are leaving the country at record numbers and Italian population decreased by 1/2 Million despite migration

[@zafiroshin]

Doesn't change the matter of the fact that it's all temporary and due to an injection of money in the system. There's no structural change to improve the actual economic condition of the country.

[@kc17131]

@@zafiroshin I think you are not informed enough on the recent policies that led have just started to work. Let me know if you are interested and I’ll tell you what they are :)

[@neilknightley4703]

Why is the volume so low in this video ?

[@baabashop]

Your thinking is correct but sadly enough, many many renovating companies have never been paid back. Therefore we have had a wave of company failures in the last two years.

[@stefanoallari2154]

Debt has been the ball and chain of italian economy in the last 30 years. Despite cutting costs everywhere and achieving a primary surplus in the last 20 years, the interests on the huge debt are a heavy burden that eventually turned those primary surpluses into deficit (add to that, that Italy has to pay higher interest rates than e.g. Germany). Sort of a Catch22, sadly. Besides, the Superbonus 110% was an idiocy that will be paid dearly by the country, over many years. 😳

[@ErikNorland]

Such a great analysis! Thank you for the insight on the home renovation subsidies. Amazing that their budget deficit is over 7% of GDP. The combo of debt and demographics could be a great follow up.

[@ike637]

As I understand it. Italy is growing at 1•8% or some such. Is that what's considered an economic boom in europe?

[@Krang_e_Shreddy]

yes. especially now that we have two major wars quite close to our european borders....

[@valeriovannini8336]

Thank you for telling the truth 👍

[@juan-ko5hz]

GDP has a bias for expensive countries

[@marcoac-sx6lq]

GDP PPP of Italy is very similar to France and the UK

[@ambessaseway5594]

Exactly their gdp is based on deficit spending not trade surplus/gold/oil export

[@marcoac-sx6lq]

@@ambessaseway5594 not true.

[@ambessaseway5594]

@marcoac-sx6lq if I have a net worth of 1 million but 1.3 million debt and +1/4 million debt every year that goes well as long a I can pay interest rate but during crisis this collapses and all my assets will be taken

[@umbertobombace8367]

6:14 only a mistake: France debt is currently about 112% out of GDP; the data showed for France and Germany are pretty outdated, as referred to 2019.

[@Boorock70]

Volume is too low... but the content was gr8 as always.

[@mysticaltyger2009]

I had no problem with the volume.

[@srb1855]

You make an excellent case against government subsidies. Continuing with your line of reasoning, the EU should set a good example for all the member states by canceling outright all subsidies for so-called renewable energy technologies.

[@steelerfalse8119]

the thing about subsidies is;by giving people money to people that must spend,you are helping the economy.the builders will be able to do their grocery,pay rent,and all their expenses. and renovating house to make it more efficient allows people to spend less in the future for utilities.that money was not simply given to people,it was a subsidie made to repay itself in he future.this won't happen for other reasons:people. italy doesn't birth enough to sustain itself in the long term,having one-two kids is the mistake of the west

[@feliche2292]

MMT says that the debt doesn’t matter if it’s in your own currency

[@antonioluyo9266]

Imagine I live in this country for almost 18 years, for young people in average to get a job is 6 months and under paid, disparities between north and south, huge and deep corruption and bureaucracy, etc. As immigrant I'm thinking seriously to leave this country.

[@tachdoc]

we didn't have any intention to boost growth with renovation incentives. They were engeneered by Mario Draghi as a solution to avoid recession and a rating agencies downgrading, which would have made us spending more in interests on the debt than the whole cost of renovations. All worked out perfectly from this point of view

[@michelecampanelli5419]

Many thanks to KZbin for recommending this video to me. Public debt is present in all Advanced Countries and is owned by the richest 10% of the population. In Italy the information is provided by the Bank of Italy (Distributional Accounts on Household Wealth). In essence, public debt is a financial asset like any other and its value depends on supply and demand...

[@SathyaswamyS]

Can you make a video on the economy of Jordan?

[@Murmilone]

No one can

[@baha3alshamari152]

A failed artificial country

[@SathyaswamyS]

@@baha3alshamari152 How is Jordan artificial?

[@baha3alshamari152]

@@SathyaswamyS There have never been a country called Jordan or Jordanian national identity in history It's just that UK and France conquered and divided the middle east and then when they couldn't stay longer they divided the region in order to keep the population divided and poor and unable to develop

[@SathyaswamyS]

@@baha3alshamari152 The main issue is that Jordan does not have adequate resources like oil and gas like the other Middle Eastern countries for rapid development. It's quite unlucky.

[@AlmaFeTero]

Great vlog

[@Tartarugaz]

Grazie, finalmente una persone che fa aprire gli occhi sulla situazione italiana ♥

[@authorcharlieboring]

The US economy had the same government stimulated growth that will eventually dry up.

[@MrRobcher]

As an Italian there is no economic boom in the general population its only for the 1 % ers, the salaries for the avarage joe are garbage(max 1200,to get 1500 you can be considered lucky) and taxes are still super high and the majority of businesses are small and pay garbage. There are very few big companies so if you want a big salary you have huge competition and to add more, nepotism is rampant in Italian society( there are entire jobs that are impossible to enter unless you come from someone who already is in the business). Sorry to say, but Italy is a third world country without tourism, and i think that with the unsustainable pension plan and huge public debt will cause 99% a default,if not now but by 2028-2030 dire times will arrive. I have worked outside Italy since 2017 and i would consider to work there only for 4000 clean or more,but its almost impossible to get that unless you are a big manager or have super high skilla.

[@jorehir]

I appreciate such "cold shower" videos, but you disregarded important factors, as others already said. Inflation is actually very low, public debt is mostly held domestically, private debt is among the lowest, the industrial capacity is pretty strong, population shrinkage hides even better GDP results, etc. Also, there is still a lot of untapped potential in the country. All it takes to extract it is a decent government.

[@gabrielecasu2769]

Remember that tourism&services grew while industry and agriculture decreased. It’s a little against your argument but what you said is still true

[@robmcnaughton6918]

Even tourism and services is a deceptive argument. Example - there is few if any publicity to Herculaneum, Capua, and public events. And I am a tourist!!

[@Mojaveknight17]

My eyes 😢nooooo

[@Skydive20991]

Boom? Bro the welth went and currently is going only in the pokets of rich people. Considering inflation and general numbers, the salaries went down of -9% from 1991. And also the GDP of 31k€ isn't considering the BIG welth difference between boomers and millenials: the second one generally speaking (considering data from north and south combined) have a salary of 1000-1200€/month. But the majority of the population are made of old people and boomer so isn't useful for politicians do laws for change this situation: in other words, the youngest are literally under generational hostage by the old one. It sucks

[@c46236]

Same in Romania, the only thing that is growhing there in the public debth.

[@LUCIANOMARIANI]

In Italy we have many house of property and 8000 km of beach and 90% of the entire world history, we waiting for the next travel of Dream 😊

[@victorong9772]

Joining B.R.I.C is going to Italy will boost her economy ! Can be the center of economics between Africa, middle East to E.U.countries.

[@JuanCarlosRF1]

Well Italy was in a whole lots of debt and had no growth. At least now it has growth

[@tommasorampi8036]

Welp, my wallet is not feeling this economic boom (prices are going fucking baller here)

[@georgecentre2108]

Please get back to the previous Video style - it was much better

[@harryburton1010]

So glad I''m not the only one who thinks so....I don't want to stare at this guy's face staring deeply into my eyes the whole time, it's awkward.

[@EdwardofWoodstock-bc9ue]

The problems of italy are : burocracy, Public Administration inefficiency , large pensions expenditure and high taxation without good services . all together are connected with the problem of the problems of italy : the south!!!

[@TOSCOtipoLOSCO2]

As Italian I agree 100%

[@leonardotirelli637]

Yes, things in Italy are getting worse, at a speed faster than previous years.

[@cianog]

Government debt is nearly all domestically owned.

[@theone1598]

we already knew it, we live here (unfortunately) and we want to leave this black hole

[@paolomesseca8679]

and what about weapons production and export?

[@wkgurr]

Didn't know there was an economic boom in Italy. Feels like it always feels. Inflation? Sure - but an economic boom??? An economic boom should manifest in improved infrastructure, improved roads, trains, trash collection, improved development of rural and other neglected areas improved health services. Not much of this is in evidence. So if there is a boom it certainly is a very restricted boom. And btw the stock market going up has absolutely nothing to do with the overall economic health of a country. Stock markets are a casino. It's like saying the profits casinos make are an indication for the economic health of a country.

[@Margherite2]

So true!

[@shamilpower92]

Economic boom? What? Where?

[@Colcatso]

If there has been a boom i didn't notice it for sure, can somebody point me to it so that maybe i can get some? There has been a minimal growth, but it was smaller than current inflation rates :)

[@adrienchauderon3007]

Vous dites que l'Italie a emprunté pour financer ses politiques, mais vous omettez de préciser que l'Italie a grandement réduit ses déficits publics et donc que la dette est inférieure à celle des précédents gouvernements.

[@adrienchauderon3007]

de plus, la dette de la France n'est pas de 98 mais de 112% du PIB.

[@fabrizio.dipietro]

Economic boom? Where?

[@marianocondrache989]

5:25 So basically, in the future Italy will become the Stone age

[@fabioasterix750]

Italy here No, really...what are you talking about?

[@personalmemories7808]

I believe this analysis ignores the benefits of renovation projects and their impact on the economy. Renovation projects usually pay off in 3 to 5 years, especially for countries that import expensive fossil fuels. I don't know about Italy’s programs but in general renovation and upgrading old buildings is one of the best investments.

[@andrewjordan4193]

I have a friend who in the mid 1990s bought a modest house in Tuscany from a local Catholic priest. The priest insisted on cash, and on finalising the deal left my friend with wades of banknotes stuffed down his cassock. Tax evasion is nothing new....On the public debt, my understanding is that ,in contrast with many countries (e.g. in South America), a large portion of the debt is domestically owed. (Japan is similar) That matters. Italy is not a poor country. It is in fact very wealthy;, and a future government could "solve" the excessive debt to GDP ratio with a bail-in. Problem is that any government that did that would be out of power for a very long time...(!)

[@n.8899]

Couldn't finish the video because of the music

[@delbroox]

I'm Italian (living abroad for professional reasons...who would have guessed?) and your analysis is spot on. That's what happens when populist governments are elected. Quick to whine and play the victim when things go wrong and take the merits for themselves when headlines are good, even if, as you say, there's nothing sustainable about it. The other reason for growth in Italy is the massive recovery of tourism, that while someone might thing is good for the country, it's actually ruining the lives of people actually living in those popular cities. While the tourists money come in, citizens see prices skyrocket going way beyond what one can afford with the average salary in Italy (around 1500 euros), and the cities lose their identity becoming standardised amusement parks developed only to get as much money as possible from tourists.

[@Ale-yl5hg]

I really hate to agree with that....

[@christianmarchionni1217]

Inflation on the euro isnt created by the italian government but rather by the ECB printing money so if youre an italian you'd rather your government spend it for you than any other european country spending it for their citizens and still creating inflation for the whole of europe. Obviously that creates a debt problem but my point is inflation is basically irrelevant to this video

[@geokon3]

You could change "Italy" with "Greece" and it would still apply 100%

[@alexsteven.m6414]

Crash! Crash! Recession! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

[@bernisejedeon5888]

I agree that there are strategies that can be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@belobelonce35]

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[@valeriepierre9778]

I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?

[@belobelonce35]

Her name is ‘Sharon Marissa Wolfe’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@edelineguillet2121]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@alessandroercolani4779]

Economic boom? Our salaries are near to be the lowest in Europe, therefore people struggle to pay taxes, bills and other mandatory expenses like fuel (gas is 1.8 €/L). On top of that it's nearly impossible for young people who study to find part time jobs with contracts and, once got a degree, they travel away still due to the low pays

[@erggolly7984]

Same shit in the whole world 1% takes 99%

[@miriamzajfman4305]

thank you for explaining to us the economic boom in Italy ?🤔

[@giovannifalco8017]

Economic Boom ??? 😂😂😂😂😂

[@GTPhan]

The economic boom driven by real estate development is nothing new, this policy was implemented in China and they are stuck in bubbles which wait to be bursted. Italy economy and peoples would reap trickle-down benefits from stimulus policies , I think it is good since Italy government at least spend money for peoples rather than other non-sense spending

[@jacklemonfizz6898]

Up to minute 4 it's all quite true, then on the inflation issue there would be some clarifications to be made. The rules on inflation are decided at the political level by the central banks, so the word spread that inflation was an economic evil to be fought, in reality it is simply something that must be managed, it is the EU policies that demonize inflation. Even if the investments of the superbonus are not aimed at growth, they create an indirect spin-off that pushes the economy to grow. In the EU the money that is used is counted unlike other countries and this is what mainly limits Europe, its extreme bureaucracy. So a large influx of money in a period of general stagnation can be very useful to a European country, especially one of the most oppressed in the EU. Annual GDP growth should not be judged individually, since there is a strong increase also based on how much you dropped in the previous year, for example due to the lockdowns without investing in the country and I can assure you that in Italy the government before this one was ruthless, it spent very little and with a strong delay. I conclude by saying that this vision of yours is too pessimistic, you do not consider the reason why Italy remained stagnant in GDP for 20 years, the cause why governments changed after 1 year or two (making foreign policy non-existent) so saying that it will always be like this is a simplistic answer... yes of course I agree that the estimate of Italy as a sudden superpower is exaggerated, but let's say that the truth is in the middle, Italy had never had such a strong government.

[@mauriziod5298]

I live in Italy, there's no boom at all, only crisis

[@azic1467]

More than true

[@DORIANoFILMS]

sound you are talking about USA now system

[@monicahoward7443]

Seriously? Let's talk about all the multinational companies (France in primis)decided to relocate most of the Italian job abroad ( for instance, Portugal ..trust me, ungly and insanely expensive to live)..while still enjoying the profit from italian market! Shame!

[@giorgiorusconi9015]

Biondino l'Italia è nel G7 ha la terza riserva d'oro al mondo , è il quinto esportatore con 760 miliardi di € .Il debiti pubblico è si alto ma per la maggior parte in mano alle famiglie Italiane .Le ricchezza totale netta degli Italiani è di 11.800 miliardi di € .Nei paesi del G7 ha la più alta percentuale di proprietà di case private .Forse l'Italia non sarà ricca come la Svizzera ma davanti ha 7 nazioni come GDP e dietro circa 200 .Per concludere biondino l'Italia esiste con le sue varie popolazioni .Etrusca ,Romana, Longobarda,etcc dà 3000 anni . Alfabeto latino la religione cattolica il diritto Romano il Rinascimento.lle republiche marinare e altre 100 invenzioni sono arrivate dal Italia.Percio Inglesi,Francesi , Tedeschi ,Americani ,grazie non preoccupatevi per L' Italia che da 3000 anni siano sempre sopravvissuti meglio di voi.

[@TueLesPigeons]

Oh no! Mamma mia!

[@alexiss6990]

From a neoclassical economic perspective, debt is considered problematic as it relies on taxpayer money, disregarding that a state cannot run out of (it's own and anytime printable) money. Modern economic theories, such as Modern Monetary Theory (MMT), offer a different view and considert his small but VERY important detail more accurate. As long as the Italian government circulates the used money as a stock (which Italy did) rather than a flow, inflation won't occur, as evidenced by official statistics concerning Italy. Conversely, Germany's stringent debt rules are harming its economy, which is also reflected in official data. Why didn't you mention that instead of glorifying their 60% dept rate that basically is destroying their infrastructure like their public transport, schools literally falling apart, decreasing productivity among many other things. We should move beyond outdated economic theories suitable for industrializing economies, as they obviously and evidently fail to explain our modern, globally connected, and digitized economy. The US, Japan, and Switzerland for example, despite having high levels of debt and extensive money printing, do not experience the issues predicted by neoclassical economists. It is time to adopt more accurate economic theories, which are beginning to be taught at some universities, although the majority still adhere to outdated models. This is akin to continuing to teach that lobotomy is beneficial in medicine.

[@carmineingaldi47]

Is it conspiration theory to think that us-led IMF wrote these things because Giorgia is behaving well, ditching her friend putin and adopting nethanyau?

[@BassPlayerRoks]

I don't understand why the title of this video suggests that the Italian economy is ''terrible'', Italy is the 5th economy in the world, I wouldn't call it terrible, this disfigures the Italian reputation

[@sergiobertola4254]

Italy's economy is. much stronger than you have shown. Italian export is extremly high.The forecasted debt for the next years it is around 130/100 and not 140/100. You should be more updated, if you want be serious.

[@ambessaseway5594]

Its not a Economic boom its a debt Boom if you take 1 million loan your rich but the money is not yours

[@l.c.9524]

Tax evasion is not the problem.... Is consequence 70% real fiscal pressure is: Makes impossible to start a buisness Impossible to hire someone due to crazy job cost. If you manage to overcome this steps is because you evaded taxes. What you expect in a country where the governament ask you 100 0000€ For a cab/taxi license

[@emagoutard2576]

Vous voyez ça marche😂

[@MarketsDriveTheWorld]

He conviniently didn't explain leftist did that project and not Meloni.... 😂😂😂

[@umbertobombace8367]

well, he reported that the current govt explained how bad the superbonus is thou

[@testadelcomputer1839]

​@@umbertobombace8367 it was not the left

[@umbertobombace8367]

@@testadelcomputer1839 è stato introdotto il 19 maggio 2020 dal governo Conte II, che era un governo di sinistra.

[@adrian9098]

Come vuoi che facciamo a crescere se in 40 anni di vita no ho mai visto un governo che abbia investito in istruzione, innovazione o industria. 40 anni di debito pubblico che cresce, di giorni sprecati a dibattere sul ministro che ha detto cazzo al posto di cavolo e di leggi fuffa in vista dell' ennesima nuova tornata elettorale. Per quanto amo l' Italia e gli italiani dal mio punto di vista è un popolo che ha deluso le aspettative e continua a farlo tutt' ora. La speranza arriva sempre dall' estero, ma meglio che nessuna speranza proprio.

[@theaverageitaliandon998]

Come dico sempre, il Problema dell'Italia è che è una casa di riposo che fa finta di essere un paese

[@youths23]

Feminist Alt right ran up states credit card bills to redecorate houses, unsure what you expected