Italian Economy

on Monday, June 20, 2005

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..

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