• Moschetti

    WHY ITALY SHOULD PLAY HARDBALL!

    Why should Italy stay in the Euro they cannot devalue and make labor more productive. Further the only nation that would seriously have to worry about Italy leaving the Euro is Germay. A new Mark would appreciate to roughly 4 USA dollars making a beetle $100,000. And Italy having more savings than France and Germany per capita would rebound after a devaluation that would revitalize their economy via exports. The Italians have little debt per household. The only debt that is of concern is from budget deficits.

    Italy go back to the Lira your exports will double and you can even print money like the USA. You have had little economic growth for 10 years;This has only been a one way street and all of the money is going to Germany.