Posted inChina, European Union, Italy, Middle East, World

Rome and the decline of the West: rich assortment of ills

Italy will hold a general election on March 4. For the West, that’s quite momentous; voters deciding who rules in Rome will not only affect the third-largest economy in the eurozone but the full euro spectrum. Italy’s debt is 130% of gross domestic product – the second-highest in the eurozone after Greece. Non-performing bank loans […]

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