Italian Economic Dilemma
As the Italian debt crisis grew rapidly, seventeen years of leading Italy came to an end for Prime Minister Silvio Berlusconi as the Italian economy issues became too much to handle. However, it's going to take a lot more to fix the economic struggles than having a Prime Minister resign.
- John Foy, a Fox Prop trader tweets:Berlusconi is a convenient scapegoat for the mess in Italy/Europe. The bounce if he goes will be shallow. The debt won't disappear with him.
- Nouriel Roubini, Co-Author of Crisis Economics tweets:"Replacing Berlusconi with one of his servile lackeys is unacceptable. Italy needs a credible government run by a respected & competent leader."
Did you find this story interesting? Be the first to like or comment.