Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: cranked

Have you seen Italy’s budget?

What do you think the EU will do?

Until Italy decides to live within its means, the EU will have it by its budgetary short hairs.

Italy’s mouth is writing checks its butt can’t cash.


18 posted on 11/06/2022 7:45:44 AM PST by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: mewzilla

Have you the US budget?


25 posted on 11/06/2022 7:50:42 AM PST by aquila48 (Do not let them make you "care" ! Guilting you is how thery control you. )
[ Post Reply | Private Reply | To 18 | View Replies ]

To: mewzilla

No matter how much the EU might have Italy ‘by is budgetary short hairs,’ last I checked, Italy is a sovereign nation who is well within its rights to tell Germany or the EU to ‘F’ off too, yeah?

The EU like one big sinking ship, everyone going down together as one collective whole.


26 posted on 11/06/2022 7:52:25 AM PST by cranked
[ Post Reply | Private Reply | To 18 | View Replies ]

To: mewzilla

Not really. Italy is running a budget of around 5% of the GDP. That compares with something like 23% for us. Their debt level is high, 130% compared to ours at 125. But you would do well to remember the lender is the slave of the borrower.
The Kraut economy is utterly imploding, especially after we attacked the Nordstream lines.

Italy could even start prepping to walk from the Euro. Italy is buying Russian gas. Germany is deeply unpopular, their manufacturing is in collapse, and they are not just trying to support themselves and are not even self sufficient in food, fuels etc.

The days of the 4th Reich giving assaholic lectures are over. And I notice no deep Italian commitment to the Lebensraum war in Ukraine.


40 posted on 11/06/2022 8:24:52 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson