Will Bitcoin Take The Place Of Fiat Currency?

Venezuela’s economy is a case study of financial mismanagement by the government. The country is besieged by rampant starvation, hyperinflation, and massive immigration. The downfall of Venezuela’s economy has its roots during the administration of Hugo Chavez and has worsened in Nicholas Maduro’s presidency. It should be noted that governments worldwide, including the United States, …

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EC President Calls Out Italy’s Government For Slacking On Economy

During a joint press conference with Italian Prime Minister Giuseppe Conte, European Commission (EC) President Jean- Claude Juncker called out Italy’s League 5 Star government for not doing more to save the Italy’s failing economy. Rising Debt In ItalyTable Of Contents 1 Rising Debt In Italy2 Healthier Fiscal Position Encouraged3 Criticisms From OECD In particular, …

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France Poised To Overtake Italy As The World’s Fourth Most Indebted Nation

According to Bloomberg, their projections on total public debt in 2018 showed that it is possible for France to overtake Italy as the world’s fourth most indebted nation in 2019. In 2018, the total public debt of France was measured to be at €2.31 Trillion which was only smaller than Italy’s by €1.4 Billion. Under …

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Union Jack Flag Flying

Yanis Varoufakis: Brexit Will Trigger EU’s “Great Decline”

Yanis Varoufakis, the former Finance Minister of Greece, believes Brexit is a by-product of the “disintegration of the European Union” and that Britain’s official exit on 29 March will trigger the “great decline” of the EU. During an interview with Channel 4 News, Varoufakis shared his opinion that the decision of Britain to leave was …

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wo 20 and 10 banknotes on gravel

Italy Economy In Decline

Italy’s new administration headed by Matteo Salvini and Luigi Di Maio has plans of removing pension reforms in favour of a “citizens’ income”. Salvini and Di Maio represent the anti-immigration parties, Northern League and the Five-Star Movement. According to Lorenzo Codogno who is the former economist of the Italian Treasury, the monetary policies that the …

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