Eurozone is gettin a cold.

Discussion in 'Property Market Economics' started by Noobieboy, 5th Feb, 2019.

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  1. Noobieboy

    Noobieboy Well-Known Member

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    So apparently Italy is in a recession that is only getting worse and France is expected to go into recession this month.

    Granted that France is having the yellow vests movement. I’ve been feeling France will follow Italy eventually. It’s econony is rigid, highly regulated with extremely backward employment market.

    191FAE62-F0D6-42E9-A320-9092DF8A15E9.jpeg

    With the UK leaving, eventually, seems like Germany will have to carry the whole lot!
     
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  2. datto

    datto Well-Known Member

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    Well Italy should concentrate more on working harder instead of eating pasta, drinking wine, riding scooters and pinching women on their behind all day long.
     
  3. Illusivedreams

    Illusivedreams Well-Known Member

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    Greece V2

    Migration out of control
     
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  4. Noobieboy

    Noobieboy Well-Known Member

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    Nobody wants to immigrate to Italy. Even Italians themselves leave. It’s a transit country. They all end up in Germany, Holland and the Nordics.
     
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  5. datto

    datto Well-Known Member

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    Maybe the immigrants don't like all the hand gestures in Italy so they move on..

    "Eh Luigi, where you get da skin tan like dat? Africa? (Hands cupped up to the face of Luigi)"
     
  6. JDP1

    JDP1 Well-Known Member

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    I agree with all..except the last part lol
     
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  7. Luca

    Luca Well-Known Member

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    A lot of ideas here ;-)

    Yes I am Italian, we are great workers and inventors, see since Roman history. Unfortunately the issue we had in the last 20 years was high % of corruption which destroyed the country. What politicians are doing now is only taxing people & businesses more which is causing more corruption and people to leave (like myself).

    I wouldn`t bother about the stats & Brexit, it has been the same for the last 20 years, EU is not going to fall, just underperform for a long period.
     
  8. Waterboy

    Waterboy Well-Known Member

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    Oh please, I don't mind northern Italy near the Swiss.
     
  9. Deck

    Deck Well-Known Member

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    Corruption did not help but this POS of Euro did not help either (unadapted to economy/inflation, no buffer, same issue in France, since Euro, Trade deficit with Germany is pretty much 100% of the TD, insanity & despair)