Italian Economy

According to an article in the Economist, Italy is “The real sick man of Euorpe.” As of the first quarter of 2005, Italy was in a recession. In the 1950’s & 60’s, Italy’s economy consisted of textiles, furniture, machine tools, food processing and white goods. Nowadays, since many of such things have been outsourced to other countries… I realize that there is no such thing as a “perfect” economy, but I think it’s time to move on..

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s