|
Two bond rating agencies downgraded Italy's government bonds. So another wacko extremist (Berlusconi) had the cops raid both company's offices.
Berlusconi has only done what extremists in America also did so many years ago. Running up debts so that the debts never appear on any spread sheet. Today we are paying for our year 2000+ wakcos. Italy has yet to start paying for their wacko who is still in power. The Euro is in major crisis especially when the EU’s #3 largest economy is that fiscally irresponsible.
Ironically, even Chavez in Venezuela has been more responsible than Berlusconi.
|