How Italy is Destroying Its Economy

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Beware Europe! Italy is spending again... But is this a mistake or a stroke of genious? Italy is currently going through a period of economic slowdown, as they have several times before in the past. But each historic slowdown was followed by a period of unprecedented, record-breaking growth. Can Italy do it again?
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#Italy #Economy

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2 окт 2024

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Комментарии : 519

@ruiutomy1 7 месяцев назад

We still waiting for your explanation about how Italy is Destroying Its Economy

@dr-rexmangrca113 6 месяцев назад

ITALY IS GIVING ILLEGAL TAXIS BOATS IMMIGRANTS ...800 EUROS PLUS FREE HOUSING ... AND TO REAL ITALINAS GET 400 EUROS FOR FAMILY OF 4 ... BLACK MARKET IS GREAT AND THE GOVERNMENT OWES ALMOST 2 TRILLIONS TO IT ENTREPRISES .... PLUS THERE ARE HIDDEN TAXES EVERYWHERE ..... THE CO2 OTHERS LIST TO LONG TO LIST/....ROLF ROFL ... THE EURO HAS LOST OF 100 PERCENT IS WAS FORCED ON THE SHEEP IN 2000 (I POINT ONLY TO 100 PERCENT LOST I DO NOT HAVE THE TIME TO WOKED OUT THE REAL LOST ... JUST IN LAST 2 YEARS WE HAVE LOST 100 PERCENT ... IN 2005 PRICES INCREASE 3 TO 4 TIMES IN REAL COSTS ) HE IS PUHING AGENDA FOR HEAVY TAXATION Reply

@pitrgreat 6 месяцев назад

So I am not alone in this, as I rewind the video thinking that I missed something of the big dramatic and eyes opening story🤓

@almeidadiniz 6 месяцев назад

Political video for the 2024 European elections.😏 If the problem is the large deficit, then what would the program tell us about Japan and the USA? Italy's problem isn't the deficit, it's that it doesn't have sovereignty over its currency like the UK and other countries. Furthermore, the Euro is controlled by Germany and France. The EU doesn't give money to any country, it just collects it and redistributes it the way Brussels wants. When the EU lends money, it charges interest, which is not always advantageous compared to other sources.

@dr-rexmangrca113 6 месяцев назад

@@almeidadiniz I GOT MY IDEA TO CREATE CRPTPMINBONDS FROM WHAT SAID ABOUT HOW ITALY CAN LEAVE EEC aka BRUSSELS MIND CONTROL ...YOU SEE THE ITALIAN GOVERMENT OWNS MANY ENTERPRISES DEBTS ... WHICH IS CONVERTED TO 100 EURO MNI BONDS THE COMPANIES COULD USE THEM AS CASH AND THUS CREATE A NOVEL FIAT CASH .... IF FACT THERE IS TYPE BLACK MARKET FOR IOUs IN EUROPE TO KEEP OFF THE BOOKS CASH FLOWING AROUND

@zaalf432 6 месяцев назад

@@almeidadiniz "Political video for the 2024 European elections." *proceeds to type the most politically loaded comment ever conceived*

@Lilla88able 5 месяцев назад

If I had a Euro every time in the last 15 years I saw a video/news/article saying Italy's economy is failing, I'd be the richest person in Italy.

@Blarpozoom Месяц назад

Not that it takes much XD

@marcocarlson1693 Месяц назад

Well Italy's economy Is Failing. It's Failing in Any Way at all to live up to the 'beliefs' of people who say negative things about it. For example, just a couple days ago the OECD reported that Italy's per capita Household Income, otherwise known as 'discretionary' income, rose by 3.4% in the 1st quarter of 2024, easily leading all G7 countries, and mainly all others as well. In % terms, that's 250% more than in Germany, who was second, then nearly 700% more than Canada and France, 1,150% more than Britain, and a 'mere' 1,700% more than the United States. That's pretty amazing I'd say, and not just for this 'one quarter' either, it has been trending 'similarly' for many quarters now, totalling years at this point. Now GDP of the U.S. grew at 1.3% in the 1st quarter, and all the other countries GDP grew at the same or higher than Italy's 0.2%. Point being, Italy was easily #1, and Germany was #2. So it again shows how GDP is an extremely meaningless stat, as to how all the citizen's 'financial well being' truthfully is. Because while the U.S. 'economy' grew at over 600% that of Italy's, in comparison, financial well being of the 'people' of Italy went up 1,700% more than for the American people. Shocking, but accurate. It's these kinds of very Meaningful stats that lead to articles like this. Deutsche Welle, April 3rd, Headline: "Italy Is Overtaking Germany As Europe's Economic Powerhouse." Or like this. Also April 3rd, The Telegraph: Headline: "Meloni's Italy Is Doing What Basket-Case Britain Could Only Dream Of." These are two big mainstream News Publications from Bonn, Germany, and London, England "themselves", that say this. Now I have been hearing this for the 'better part' of over 50 years. So I might displace you as the richest person in Italy if I had a Euro for every time....😂😂

@Clairettte-zi5lj 25 дней назад

You're right, Italy's economy is already bad, that's why it's not falling that much. The problem is, it's not going better either...

@DanSme1 7 месяцев назад

This commentary explains nothing. Circular logic.

@simo-dv5xk 7 месяцев назад

I just finished this video and I asked myself so how is their economy being destroyed???

@Orozco_PNW 7 месяцев назад

AI written? I’ve noticed those usually have circular logic with overuse of background info/generalizations.

@socoool 7 месяцев назад

Wrong caption

@kendellfriend5558 5 месяцев назад

Unsustainable debt fueled growth like with Greece. Unless they turn on the money printer, they’ll literally need some type of miracle.

@jasminehasan890 22 дня назад

@@kendellfriend5558like the rest of the western countries

@thepanafricanman 7 месяцев назад

So basically u didnt amswer the question in the title of the video.

@mayflowerlash11 7 месяцев назад

At 6:36 the narrator says workers demand higher prices. Workers never demand higher prices, they demand higher wages. When they get higher wages manufacturing costs rise and then prices rise. This is measured as inflation. Why the narrator substituted "prices" for "wages" in the cyclical diagram is beyond me.

@johnteets2921 7 месяцев назад

A new low in stupidity for American Deep State Propaganda.

@57bananaman 7 месяцев назад

The narrator is obviously not a native English speaker. There are a number of other trivial grammatical errors throughout the video, though mistaking "wages" for "prices" is hardly trivial.

@mayflowerlash11 7 месяцев назад

Indeed you are correct. This is the first video that I stopped watching at the point where such a significant mistake was made. The rest of the analysis was also suspect.@@57bananaman

@GaminHasard 7 месяцев назад

The narrator is a Dutch speaker it seems.

@lennartgoosens 7 месяцев назад

Blaming workers for inflation is victim blaming. Milton Friedman explains: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-F94jGTWNWsA.html

@winterskiU 7 месяцев назад

Something important to note is Italy's demographics, with a median age of 47 and the lack of children being born (a birth rate of 1.24). Can you really expect an economic boost in the near future.

@des_moines840 7 месяцев назад

not happening at all

@danielefabbro822 7 месяцев назад

Yeah, sure. We're Italians, we can do everything.

@SenorTucano 7 месяцев назад

Nailed it! 👏

@AlbertKoshi23 7 месяцев назад

The number of children is meaningless since everyone is different. Lots of uneducated kids don't do any good. A few well educated and productive do a lot more

@MorningNapalm 7 месяцев назад

With only few children, the pressure of having to support retirees becomes very large, and people will think about leaving. @@AlbertKoshi23

@jstantongood5474 7 месяцев назад

Genoa not pronounced like Spanish G. Italian G does not sound like H.

@joshuaharper372 5 месяцев назад

I think it was Dutch not Spanish that influenced the pronunciation, since the narrator is from the Netherlands.

@jstantongood5474 7 месяцев назад

Didn’t answer the question. Very annoying when it’s imprecise with dates of economic down turns and upswings.

@mrhills8868 7 месяцев назад

Everyone is so dramatic about Italy killing is own economy, Italy dying, Italy being the basket case etc etc. In reality Italy is doing well. Italy has the second highest growth in the g7 after the US in GDP per Capita since COVID. And that's just because the US is making massive debts to grow is economy. GDP per Capita in PPP is up 21% since pre COVID. Inflation is low at 0.7%. Unemployment is below France at 7.2% and lowering still. Investments are up, export is up almost 50% in the last three years. If it wasn't for energy and food prices and the war in Ukraine we'd be booming.

@redhidinghood9337 7 месяцев назад

Italy's gdp per capita is growing faster tha other developed countries because italy started out at a lower point. And italy having 2nd highest gdp growth in the g7 is more a result of the other countries doing badly than italy doing good. I mean it's only like 0,7% or something

@mrhills8868 7 месяцев назад

Growth since COVID is 4.3% in GDP per Capita and 21% in GDP per Capita PPP (IMF data), which is a good result considering the war, the energy and food crisis and the inflation @@redhidinghood9337

@grace-sw4zx 7 месяцев назад

@@redhidinghood9337 This is factually wrong. GDP (PPP) per capita, according to the IMF (2023): - United States: $80,412 - Germany: $66,038 - France: $58,765 - United Kingdom: $56,836 - Italy: $54,259 - Japan: $52,120 - Spain: $50,472 - Portugal: $45,227 - Greece: $39,864 - World average: 22.226 As you can see, the gap between the US and the UK (+41%) is significantly higher than the gap between the UK and Italy (+5%), which is, in turn, much lower than the gap between Italy and Greece (+36%). The gap between Italy and the world average is +144%. Italy is definitely in the club of the richest countries of the world.

@mrhills8868 7 месяцев назад

The Italian GDP per Capita rose by 4.3% since COVID and the GDP per Capita PPP rose by 21% in the same period @@redhidinghood9337

@jasonberg3230 7 месяцев назад

Na Bru trust when the demographic crisis really hits it’s gonna be all bad and the only that can stop it is robots or an economic boom which they won’t have since there’s not enough people lmao and I agree with this other guy italys growth really isn’t that good other countries are just doing even shittier

@maurifant 7 месяцев назад

I am still waiting to hear how Italy is destroying its economy rather than how it managed to do so already...

@brankoerculj876 7 месяцев назад

No concrete answer for that. Just emty speach, that could be heared from anyone.

@AlFreeman-xy4jy 6 месяцев назад

A Belgian from Germany wrote: "Italy is like that girl who has the most talent of all, because she was born beautiful, more beautiful than all. It is the most ingenious one, which invents a thousand things, because it is full of resources. He knows how to discuss history, the sea, the mountains, he knows about food, good wine, dialects, painters, sculptors, writers, excellence in science, there is nothing he doesn't know. And when this beautiful and talented girl trips and falls, the audience of losers cheers. It's the anger of the poor jealous ones, the ones in the dark, because she's still beautiful even when she falls to the ground. Italy is a girl with a 12 heel boot, which no one knows how to wear better than her...just time to get up again."

@geofflepper3207 7 месяцев назад

I'm baffled as to what the title of the video has to do with the content of the video.

@marysakawa4628 7 месяцев назад

*The prediction of a 32% business failure rate in 2024 suggests a challenging landscape ahead. Factors contributing to this potential "business apocalypse" should be carefully analyzed, including economic trends, industry shifts, and the impact of global events. Adaptability and strategic planning will be crucial for companies navigating these uncertain times.*

@antoniete387- 7 месяцев назад

Honestly speaking, investing is a smart way to secure your family's future, grow your wealth, and stay ahead of inflation.

@TomasPLopez 7 месяцев назад

Things are getting worse this days, if you don’t find a way to multiply your income, you might wake up one day to realize you didn’t plan well for yourself and family.

@Tony.martin831 7 месяцев назад

My major concern now is how can we generate more revenue during quantitative times? I can’t afford to see all my savings crumble to dust.

@eddiet.campbell 7 месяцев назад

It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.

@shirleya.osgood 7 месяцев назад

Agreed, financial advisors play a key role in portfolio allocation and i've been using one since late 2019 just before covid outbreak. So far, I'm barely 25% short on $1m ballpark goals after subsequent investment.

@carlomontecarlo7881 7 месяцев назад

I think the Italian GDP will keep growing at a faster pace than the economies of Japan, the UK or Germany, at least until 2026-2027. Why? Well, for several reasons: there's no housing bubble in Italy, the wealth of Italian families has grown in 2023, tourism is back, EU recovery funds are improving the existing railway/port/digital networks, Rome will host the Jubilee in 2025 while Milan will host the Winter Olympics in 2026, car manufacturing will improve thanks to a new deal with Stellantis (the company bought a Chinese EV manufacturer), the country has diversified its natural gas supply, there's a scheme to let around 450k non-EU migrants into the country in 2024-2026 to address job shortages, the luxury industry is strong and keeps on growing, and new R&D hubs (which include: MIND - Milano Innovation District, 3Sun gigafactory in Catania, VeniSIA in Venice, the 1.45 bn euro City of Aerospace hub in Turin) will finally come to fruition or will keep expanding their footprint in the coming years.

@xmaniac99 7 месяцев назад

And all of these are malinvestments, comparable to the energy project of the 70s, the military industrial projects of the 80s and the failed infra projects of the 90s. New label, same game.

@carlomontecarlo7881 7 месяцев назад

@xmaniac99 nah, aside from the fact some manoeuvres, like visa issuing to address labour shortages won't cost a thing, many of these are project financing schemes involving solid, private investment. Besides, the infrastructure is becoming viable already

@mariovallanzasca9454 7 месяцев назад

I think so too. I'm generally pessimistic about Italy's future, but this time things might be different. In addition to what you just said, there is also a more clear geopolitical vision to leverage Italy's position. They are investing in natural gas extraction, pipelines, and LNG terminals with the goal of becoming an energy and logistical hub for the rest of Europe. The same goes for trade. Italy is investing to increase its port capacity and railway transportation capabilities. Right now ships from Asia go all the way to Belgium, the Netherlands, and Germany to unload their goods, but if port and railway capacity improves it will become cheaper and faster to unload the goods in southern Italy and send them to the rest of Europe from there. On top of that, Italy will also build a bridge to connect Italy to Sicily. All of these projects will give a massive boost to the south

@marcocarlson1693 7 месяцев назад

Yes. Those are good points, but just a few of the reasons why things will keep on improving for Italy, but not just to 26-27, but much more.

@daredonte7787 5 месяцев назад

Purtroppo non è così limpida la situazione, in primis la denatalità, può crescere il PIL ma non è un fattore di ricchezza degli italiani in quanto il potere d'acquisto sta diminuendo, per non parlare della divisione tra Nord e Sud e la poverta culturale in Italia, i privati possono investire ma non sarà a beneficio di tutti, ma di pochi e i soldi non rimarranno in Italia.

@deBosMarmot 7 месяцев назад

Your Sweden immigration video was fantastic, this one is good. However maybe when talking about giorgia meloni's government you could just stick to the context and not call her outright ultra conservative and far right, MSM talking points, without diving into what far right and ulltra conservative means, her government probably is neither of them. And the Italian policy on things like immigration didn't change much since she is in office, only a small deal with Albania to house immigrants in a few years, which is a good development. Good luck!

@nilstwestergaup3165 7 месяцев назад

Yes. But it's far from the only ludicrous point being made in this video. Of course, population decline is a driving force in maldevelopment of any economy, just realise there's NONE politician in the whole EU-zone addressing this. Big yawns, overall. edit; #TheGreatReset

@Shadowmaker87 7 месяцев назад

then you are blind. It is a topic which is often talked about in public, media and talk rounds. We are getting too old and not enough workforce is left to fund the retired people. @@nilstwestergaup3165

@pebblepod30 7 месяцев назад

Yeah true for the reasons you gave, and it sounds more like an attempt to manipulate the viewer eather than give info. Right wing means individualistic, Far Right means that to an extreme. Which policies? Being pro immigration esp Forced Entry & Settlement is technically an extreme Far Left position then, if using the term accurately.

@pebblepod30 7 месяцев назад

Sorry I meant support for Forced Entry & Settlement is technically an extreme far right position (individualistic, sacrificing the society).

@deBosMarmot 7 месяцев назад

@pebblepod30 I agree with you. Little to no borders resulting in the migrants just walking in is definitely an example of a small government in the area of border security. This also results in lower taxes, and the lack of collective action to secure the border also seems indivualistic, which is definitely associated with the right wing.

@intersezioni 7 месяцев назад

This video is based on stereotypes and clichés, typical of those who don't know the country and live on the other side of the world. It seems that Italy lives on tourism and sun but in reality it is the second industrial power in Europe after Germany and the seventh in the world. I'll leave you some real data: The economy of Italy is a highly developed social market economy.[28] It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world),[29] the 8th-largest economy in the world by nominal GDP, and the 12th-largest by GDP (PPP). Italy is a founding member of the European Union, the Eurozone, the OECD, the G7 and the G20;[30] it is the eighth-largest exporter in the world, with $611 billion exported in 2021. Its closest trade ties are with the other countries of the European Union, with whom it conducts about 59% of its total trade. The largest trading partners, in order of market share in exports, are Germany (12.5%), France (10.3%), the United States (9%), Spain (5.2%), the United Kingdom (5.2%) and Switzerland (4.6%).[31] In the post-World War II period, Italy saw a transformation from an agricultural-based economy which had been severely affected by the consequences of the World Wars, into one of the world's most advanced nations,[32] and a leading country in world trade and exports. According to the Human Development Index, the country enjoys a very high standard of living. According to The Economist, Italy has the world's 8th highest quality of life.[33] Italy owns the world's third-largest gold reserve,[34] and is the third-largest net contributor to the budget of the European Union. Furthermore, the advanced country private wealth is one of the largest in the world.[35] In terms of private wealth, Italy ranks second, after Hong Kong, in private wealth to GDP ratio. Italy is the world's seventh-largest manufacturing country,[36] characterised by a smaller number of global multinational corporations than other economies of comparable size and many dynamic small and medium-sized enterprises, notoriously clustered in several industrial districts, which are the backbone of the Italian industry. Italy is a large manufacturer[37] and exporter[38] of a significant variety of products. Its products include machinery, vehicles, pharmaceuticals, furniture, food and clothing.[39] Italy has a significant trade surplus. The country is also well known for its influential and innovative business economic sector, an industrious and competitive agricultural sector (Italy is the world's largest wine producer),[40] and manufacturers of creatively designed, high-quality products: including automobiles, ships, home appliances, and designer clothing. Italy is the largest hub for luxury goods in Europe and the third luxury hub globally.[41][42] Italy has a strong cooperative sector, with the largest share of the population (4.5%) employed by a cooperative in the EU.[43

@HindsightYT 7 месяцев назад

I make that exact point several times throughout the video. I'm not sure if you've watched it until the end?

@attenzioneallontanarsidall7940 7 месяцев назад

@intersezioni you're right!

@shengwho8430 7 месяцев назад

I don't doubt the numbers but the average Italian household cannot Beat the inflation rate and have consistently gotten poorer. Individual businesses got destroyed in times of pandemic and lots of them swallowed up by big corporations. Like the walmart effect. Purchasing power has systematically gone down since the introduction of the Euro and priced has gone up leading to poverty in the big cities with increased gentrification. Meanwhile low income jobs have been swallowed up for a larger part by immigrants leading to extremely high youth unemployment. All in all. Italy on a macro side hasn't been doing bad at all. But who is making the money did change. The rich got a lot richer. The poor a bit poorer and that makes Italy a candidate for an Argentinian type Revolution or economic crisis which has led to a slow growing aversion towards immigration. Nationalism and the rise to power of right and extreme right.

@Jo_Zh 7 месяцев назад

Italy - Our geography is good, we are protected by mountains in the north Hannibal - Hold my elephants.

@Vladimir-hq1ne 7 месяцев назад

Tha't very nice - and then you run

@SiGa-i1r 7 месяцев назад

Hannibal murdered babies to please Satan.

@danielefabbro822 7 месяцев назад

It have nothing to do with the video. 🤔

@JeroenJA 7 месяцев назад

and why did rome managed to outlive that? Hanibal lost over half it's army on that dare to cross the alps! he did have a huge advantage of surprised, but it was a serious blow to his force before a single fight on italian soil ;)

@danielefabbro822 7 месяцев назад

@@JeroenJA mostly because Hannibal was a loser. I mean he arrived to fruit his victories to the point he could have conquered Rome... But he refused to do that. Then, later, Scipio shown him how to conquer a city.

@archstanton5973 6 месяцев назад

Where's the part about "italy is destroying its economy"?

@jacksonmoore4159 7 месяцев назад

2:39 are NOW? italies cities have been big tourist attractions for decades

@Withnail1969 7 месяцев назад

For centuries

@Beyonder1987 6 месяцев назад

Egypt also a tourist attraction but economy is shit.

@jacksonmoore4159 6 месяцев назад

@@Beyonder1987 egypt has a worse climate than italy, has been burying itself in debt, has 1 river to provide for 100 million people, has to cram 100 million people into 15000 sq miles of land becuase of the harsh sahara, theyve had corrupt dictators for decades, are in a geopolitcally turbulent neighbourhood, rely on ukraine and russia for their wheat

@jacksonmoore4159 6 месяцев назад

@@Beyonder1987 italy has less people, better climate, more developed industry, is in a powerful economic union, has rich friends, more farmland, and hasnt had as much political turbulence as egypt

@Beyonder1987 6 месяцев назад

@@jacksonmoore4159 all that is true

@satriojumeneng7055 7 месяцев назад

Your analysis failed to identify that Europe's GDP growth was much related to China's.

@mattfischer2274 7 месяцев назад

Very hysterical title for an otherwise normally informative history of the Italian economy video.....

@ambessaseway5594 7 месяцев назад

Despite migration Italy lost 1 Million people 2022/23 its average age is almost 50 years old large numbers of their youth wants to leave the country to rich western/northern and Italian products cars/machines.. are not competitive anymore

@Alexander-rr6yn 7 месяцев назад

Italy didn’t lose 1 million people in a year we lost 32k in 2022.

@ambessaseway5594 7 месяцев назад

@Alexander-rr6yn 2015 Italy population was 60.7 Million 2023 was 58.9 Million despite migration

@Alexander-rr6yn 7 месяцев назад

@@ambessaseway5594 Yes I know unfortunately but we did not lose 1 million in a year, we lost that population in 4-5 years with a great help from Covid.

@ambessaseway5594 7 месяцев назад

@@Alexander-rr6yn didn't say 1 year written 2 years 2022/23 officially it was 850tausen in 2 years

@Alexander-rr6yn 7 месяцев назад

@@ambessaseway5594 It’s more than two years but yes the situation is still bad and concerning, but out of curiosity where are you from?

@HelmutLogan 7 месяцев назад

The most useless 11 minutes of my life

@MicheleDamato-co7vh 5 месяцев назад

Let's not forget what Italy is, was, and will be..... nothing will destroy Italy it's been through everything, and it's always there it will always be there even when it's not.....

@austinbar 6 месяцев назад

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@marioit2859 2 месяца назад

Yes Italy will come back

@TarasBohdan 7 месяцев назад

Your credibility reached zero. Far right? Ultra Orthodox? Are you reading NRC and Volkskrant [Dutch woke newspapers]. Perhaps you are far left.

@HindsightYT 7 месяцев назад

That language is actually based on an article from Reuters, who I personally believe to be one of the few relatively unbiased media outlets. This is the exact article where that section is based on: www.reuters.com/world/europe/melonis-first-anniversary-italy-pm-marred-by-economy-family-split-2023-10-22/

@Alexander-rr6yn 7 месяцев назад

⁠@@HindsightYTIf you think Reuters is an unbiased media outlet you have no clue. They are probably one of the worst anglophone media companies there is in terms of actual reporting😂.

@xmaniac99 7 месяцев назад

Lel maybe research who owns reuters, global corporate fascist press outlet.

@svart7716 7 месяцев назад

Italians are very well educated and creative people. They will bounce back. They are still member of G7. The only problem in Italy is the complicated bureaucracy.

@ririr2 7 месяцев назад

this goes to show you've never been to Italy. "In 2018, the Italian secondary education was evaluated as below the OECD average".

@svart7716 7 месяцев назад

@@ririr2 I have been to Italy and loved it. Swedish secondary education is not better either. But they manage their economy because the system works albeit mediocre politicians. Wish the best for Italy!

@elveziopollaio 6 месяцев назад

The italians you met were the well educated ones that managed to escape from the hell of Italy. The average Italian is ignorant, conservative and very selfish. Bureaucracy is one of the fundamentals problems Italy has, but the others are demography, justice (very unequal and slow), extensive corruption in the State and the fact we spend public money in a dumb way.

@AlFreeman-xy4jy 6 месяцев назад

Why we are proud members of the small and prestigious group of UCAS (Office of Complicated Business Affairs)

@zedtrek 7 месяцев назад

the most useless video I ever watched.

@steinadler4193 7 месяцев назад

The pictures from 4:59 to 5:02 doesn't show Italy but the Austrian city of Innsbruck.

@devedee2393 6 месяцев назад

Video's title should be titled instead, "The historic growth of Italian economy explained".

@Vladimir-hq1ne 7 месяцев назад

@6:36 - stop in growing prices, quite opposite what @hindsight stated.

@panter82 7 месяцев назад

Actually the Italian economy grew its GDP about 10% in the last 8 years depsite losing over 2 million in population. Unemployment is at 7%, the lowest in 15 years. Default rates are at historical low. Since Covid Italy grew faster than Eurozone. This decline story is mainly from 2008 to 2015. We are now growing very slowly, which is fine for a aging country with negative population growth.

@darkjudge8786 7 месяцев назад

Far right? Your credibility just fell to zero

@superspeederbooster 7 месяцев назад

north does well south is way behind, if you split Italy in half you see two different countries

@concernedcitizens4110 7 месяцев назад

I love how all of these far right leaders with all of their pro natalist policies seems to forget the fundamentals. People don’t want to have kids because they’re just too tired with no prospect of a good employment and sustainable living. Also the youth population are would also have a less secure retirement compared to the previous generation.

@Beyonder1987 6 месяцев назад

What about low sperm count and Italian women being too feminist, particularly in the north

@robertodepasquale3419 7 месяцев назад

I'm Italian, the optimism of some comments makes me laugh, people who are convinced we can survive by selling a few more Ferrari 🤣 In this country there are only elderly people, there is no young person who can pay their pensions. Italy is dying, it is in a horribly and disgustingly atrocious way and we Italians know it very well 😊 However Giorgia Meloni has not been far right since she was 14 years old and was active in "Alleanza Giovani", a neo-fascist party (we are clearly talking about the student section) the fact is that in Italy all right-wing people are called "fascists" , but it's just a ridiculous thing left to us by communist semantics, Giorgia Meloni is pro-American, pro-Israeli and basically liberal, there's nothing far-right about her.

@simo-dv5xk 7 месяцев назад

Is Italy planning on AI, Semiconductors and EV battery industries?

@robertodepasquale3419 7 месяцев назад

@@simo-dv5xk EV batteries neither good nor bad, AI very badly (half of Italy doesn't know how to use a computer), regarding semiconductors we are in good shape in our area (Third Party in Europe)

@simo-dv5xk 7 месяцев назад

@@robertodepasquale3419 So Italy has plan on creating a tech hub like Silicon Valley in California? Also what about future energy supplies like nuclear fusion or hydrogen?

@robertodepasquale3419 7 месяцев назад

@@simo-dv5xk Listen to me carefully, if you have found a way to solve Italy's problems, tell me ok? Holy Christ you really are a poor asshole.

@niclasjohansson4333 7 месяцев назад

Fascism and Nazism is NOT in any way rightwing, both are as leftwing as Communism and Socialism !

@elielee7364 6 месяцев назад

Now that Italy is out of Belt n Road, we can only expect the worst economic disaster to come soon

@bajwasingh2884 7 месяцев назад

Wait what, how did you pronounce Genova as Henoa? Never heard that one, is it the Spanish pronounciation? I have heard the German one, and it Genua with the G sound instead of J as in the Italian.

@lorenzo1988ITA 2 месяца назад

one of the worst video about Italy economics I‘ve seen so far, especially because it‘s not answering the title‘s question and just wasting my time…

@lukeinpolleg 7 месяцев назад

This is probably the worst video I've ever seen. Flawed arguments were made with such superficiality I don't even think this guy knows where Italy is on the map

@leecheong4986 7 месяцев назад

Italy definitely know how to grow its economy…quit Belt and Road Initiative (BRI). I am sure Italy is doing well. I see a lot of self denial comments here. Hey, Italy is like USA. Well done.

@Kenshiroit 2 месяца назад

Explain me how Italy is destroying its economy since its increasing the gdp and even the wages are finally increasing after decades of stagnation. Plz explain me how

@GiacomoSorbi 6 месяцев назад

Worthless and probably AI-generated video explaining nothing of what the title says.

@yaznhanfi9090 Месяц назад

Italy is doing the best economy wise in Europe. At least better than England

@jamesdill2197 7 месяцев назад

So what, I Still LOVE the Italian people!

@NickGj-k7v 7 месяцев назад

Show us the investment on green energies statistics for Italy and Europe and easy we will find that all economic down fall in Italy and Europe is related with energy policies.

@JS-jh4cy 6 месяцев назад

Italy always an basket case in the media, may be over blown proportion of facts that it is aging slowly and some young people left the country for opportunities to make money and pay taxes

@donnawiess1120 6 месяцев назад

He is pronouncing the g as in Dutch.

@nicky29031977 6 месяцев назад

As they say in italian "Il mal voluto non è mai troppo" which means "Bad things wanted are never too much"

@punitapillai5091 7 месяцев назад

The problem of economy in Italy and I'd say all if Europe is US domination!!!!! We could do much better by ourselves!!!!

@jondeere5638 3 дня назад

Italy has many small businesses. There's no such thing as a free lunch. Every buddy must work and earn a Salary.

@67claudius 5 месяцев назад

Italy is currently feeling the effects of the serious crisis in Germany, which is Italy's main economic partner. Germany was in recession in 2023, unique among the large European countries, and in 2024 it should have growth just above zero (0,3%). If Germany restarts, Italy could significantly improve its economic growth estimates

@lazynow1 7 месяцев назад

well when you have such nice weather, women, wine and food.....who wants to work.....

@nathanembry9245 7 месяцев назад

At least they banned lab grown meats. Wish America would do the same

@germanderbelga 7 месяцев назад

Learn economy before speaking about it. May be you can go to work in small Italian companies like Ferrari.

@silversurfer8237 7 месяцев назад

Italy is a great country. They need some sort of reset to reduce their public debt. Also they need financial assistance in dealing with all the illegal immigration. They should encourage tourists from BRICS to visit their vast country.

@jacintochua6885 7 месяцев назад

Never bank your future on past performances

@christophevervecken1370 7 месяцев назад

All the states who joined the EU are suffering, and the economy is melding down in whole the EU. We do not have an EU or EZ as promised but a sort of organisation working to survive!!!

@leventelajos5078 7 месяцев назад

Yeah, good luck outside the EU 😂

@itawolf2494 6 месяцев назад

"Suffering"ltaly is still trying to find the best way use the money from the EU covid recovery find,l dont think you understand how the EU works.

@MistaChrista69 7 месяцев назад

The "FAR RIGHT CONSERVATIVE LEADER ," is increasing spending. That's your problem, Italy .

@IlyaPolyakov-t1m 7 месяцев назад

While I like your videos, this one demonstrated some glaring gaps in background and economics. Your post could have been answered with one word, currency. You mention the Lira but tie it to FDI and other points. The answer here is simple, when Italy devalued its currency, Italy's exports became far more competitive than their European neighbors. Do a graph showing Lira to Sterling and see how well it matches to these "economic miracles". This also answers what has gone wrong. The EURO currency impacts Italy perhaps more than any other country in the EU save for maybe Greece and Cyprus. Italy can't devalue its currency and is now stuck. Italy has low R&D, investment in equipment, and a bureaucracy that is the envy of Brussels. Now combine that with corruption, a very low birth rate, and huge retiree costs. It is therefore almost impossible to imagine the "macroeconomic" trends that will save Italy from becoming a smaller and smaller share of the European economy.

@des_moines840 7 месяцев назад

And many european xountries still have their national currency like denmark, Sweden, Hungary ecc... but Italy abandoned the lira and now you see the consequences

@coprilettodelnapoli5466 7 месяцев назад

@@des_moines840 also with Lira we already were full of debts

@marybusch6182 7 месяцев назад

I am not sure any of this is true specially when compared to the USA or any other EU country... The USA has a mess with Wall Street assets stripping everybody including the medical profession... and over pricing our healthcare system by about 100%, remember there are millions in the USA who have gone bankrupt from such high bills and the poverty in the bottom 50%...

@lukka_xx 3 месяца назад

I live in italy and im still asking how tf is possible that in italy the media doesn't even talk about such thing and the only sources where i get this information from is someone else that is not from italy (we are so doomed)

@JohnJackson-e9z 7 месяцев назад

They meed to deregulate everything. Also, they need to figure put how to start breeding again.

@edelweiss2971 6 месяцев назад

Check how the economic ups and downs correlate with political right- and left- government and parliament. Of course, there is almost always a shift of a few years in the effects that a government controls, but the state economic result is serious for the Italian centre-left movement. Unfunded government reforms with increased pensions and such, increased government costs while increasing taxes and making it more difficult for business have given Italy economic recessions. The reverse has occurred when governments focused on a market economy and a state economy in balance. Even the mad mad Berlusconi seems to govern Italy much better than the socialist party led by Craxi. Peoples votes decide their future...

@robcig Месяц назад

Italy is destroying its economy because all the qualified young people are moving away. Poor wages and conditions are pushing them to emigrate to countries like Australia and Canada. We have a skills shortage in Australia and welcome young, qualified people. Come on down, we need you!

@riccardotedesco3725 7 месяцев назад

spoiler: no

@richardpeychers4076 2 месяца назад

When inflation high workers ask for higher prices ? higher wages is what they mean surely. Wage spiral diagram is sorely confused.

@joshowen9054 3 месяца назад

I have the feeling that fashion and tourism don't bring in that much money. in the 60s Italy was far better placed leveraging on great design along with strong consumer products - remember their typing machines? their 60-70s cars also were very attractive and popular abroad, even today people are still talking about them. then something went down, they lost their edge.

@3DProgramming 4 месяца назад

this is not accurate at all, the adoption of Euro destroyed italy's economy even more.

@dordagiovex9989 6 месяцев назад

avoiding being dragged into economic and industrial self-destruction by eu and us and uk , france and germany and their meddling in italian politics would have helped.

@666WolfWere 6 месяцев назад

Inflation is caused by printing money, company rising prices are the consequences

@Kickmyapps 7 месяцев назад

Italy was fooled by Germany

@MaurizioAndriani-q5z 6 месяцев назад

Italy was rebuilt by UNRRA and Marshall Plan. We only provided labor. BTW, we are still paying for the Marshall Plan.

@DanielH874 5 месяцев назад

Video should be twice as long. You just dead dropped the conversation halfway through.

@joshowen9054 3 месяца назад

main stream one sided media: let's call the right 'far'

@elisabettadori9355 4 месяца назад

I’m Italian and don’t like Giorgia Meloni at all! I’m a democrat hoping for a wind of change…

@monorigine09 7 месяцев назад

Ha ha. The real reason of the second miracle are cheap Russian raw resources... Now it's over.

@clouseau3779 7 месяцев назад

Giorgia Meloni's government is not far right and conservative...

@mauricemaffeo8080 3 месяца назад

Title is wrong!

@vadervanman 3 месяца назад

Georgia maloni is NOT far right. As bad a TLDR in this vid. "Everything I don't like is Far Right".

@Murmilone 3 месяца назад

yep, she's a typical european leftist

@ClstlSamurai101 7 месяцев назад

All lies. Ferrari and Lamborghini are having record sales.

@ririr2 7 месяцев назад

who needs them in the modern world. they are for some fools who don't understand cars.

@maryanncrody4867 6 месяцев назад

I'm tired of the little guy having to pay more taxes

@untitledkingdom 2 месяца назад

Soooo, why is Italy destroying its economy then?

@maryanncrody4867 6 месяцев назад

Well if working people are taxed and pay obscene prices they have no money for children

@maryanncrody4867 6 месяцев назад

If you want children you have to help families

@kevinl7173 6 месяцев назад

Italy is Argentina anyway , same people same custom and have the same problems

@sciupess2 6 месяцев назад

Italy is the 8th economy by nominal GDP in the world, with a per capita GDP higher than that of Japan, it has the third largest gold reserve in the world, the second largest manufacturing industry in the europe, very low foreign and private debt, high public debt but which is in the hands of Italian investors, Italians have among the largest savings per family in Europe, the Italian currency is the euro which is among the strongest currencies in the world and inflation is the lowest among the countries Westerners, the Italian economy is the one that has grown the most from 2019 to now among the developed countries after the United States and the Italian trade balance has been positive since the 90s... if you want I can continue

@MarketsDriveTheWorld 7 месяцев назад

Well if Argentina, Brazil ecc have economic problems they know where they are needed 🤷🏻‍♂️ Then the Italians would prefer economic stagnation to importing certain "diversity" Italy is the center of catholicism (the Vatican is not a real country and the pope is required to speak Italian..... ) and have zero intentions on changing it. Wages are low in Italy so don't put that as a bad point even in countries with lower gdp wages in certain fields are higher, also wage growth increase consumption that in turn increase the economy. Then I'm am waiting for the so called wage inflation because I can assure you Italy and the laws of economy don't really know each other. 😂😂😂

@maryanncrody4867 6 месяцев назад

In the us we have found conservatives to be disastrous for working people

@kaseyc5078 19 дней назад

Except the conservative states are booming with jobs and growth. Meanwhile liberal cities are full of crime and unemployment

@Kenshiroit 2 месяца назад

Click bait plz ignore this video

@giovannipotenza123 6 месяцев назад

In Italy, youth unemployment is bout 35%. In Umbria where I live there are no jobs and the few jobs pay nearly nothing - about 120 EUROS @ month! And some PhDs cant even find jobs. This makes the housing unaffordable and unsellable since people just hold on with their parents. I cant wait to get back to my paradise in Kansas. Love Italy also...glad I don't have to work to live there:)

@67claudius 5 месяцев назад

The youth unemployment rate is 22.8% in Italy according to Istat in 2024. In Lombardy unemployment is at 4.9% and in my city of Bergamo it is at 2.9%. here anyone who wants to work will find it. There is a serious lack of specialized workers, fitters, founders, welders, installers of electronic equipment but also electricians, plumbers. 120 euros per month? c'mon, please!

@bhubestakesoponsatien1143 7 месяцев назад

Well, the present Govt must follow US advice. Miss the biggest opportunity of being EU / Africa Trading Logistic Bonded Hub this benefits all level of Italian citizens, it will lead to being GSA of some items etc....... NOW GONE FROM BRICS

@darkmatter5424 7 месяцев назад

They probably hoped that foreign tourists alone will save their economy. 😅

@ssssaa2 6 месяцев назад

Your GDP graphs are all in terms of nominal GDP in USD, which drastically misrepresents the direction the economy is going at any given moment because of exchange rate fluctuations.

@bhubestakesoponsatien1143 7 месяцев назад

Well this govt miss another big opportunity, leave BRI . If have enough Courage ,this BRI projects will lead to all levels benefits. really lack of Supply Chain .............knowledge

@giovannimariasechi5073 7 месяцев назад

Who made this video forgot to mention the public debt financed economy of the post war and 70s And 90s . I feel the overall economic understanding of the creator of this video is left leaning qnd did not mention the huge amount of government regulations and tax Very disappointed

@keonsphere 7 месяцев назад

Cash bashing, trite rhetoric, half-sound arguments, surface-level assessments, overgeneralisation, should I carry on?

@gtbkts 7 месяцев назад

Thanks for the awesome content and great videos!!

@lokesh303101 7 месяцев назад

Infrastructure Investments be open to the Private Economy by Public Funded Taxpayers Money be invested in Italian Stocks.

@vincentleeadams 7 месяцев назад

Your documentary is mostly bereft of in-depth information. You didn’t even discuss the population decline in Italy. Do better.

@lorenzell3104 6 месяцев назад

Italy has a problem with its very low birth rate and shrinking population. What will be the future I think is hard for predict.

@MrManny075 7 месяцев назад

What is the point of this title when didn't say a thing about how Italy is destroying its Economy? It's not just Italy that is in this mess the whole Western system is in trouble, the river of wealth that used to flow one way now is flowing everywhere new kids on the block started to Digg and the water started to go their way and now they are digging hard and fast, China, India, Brazil they have large populations who test the good stuff that use to go one way, now they are competing for all resources driving the prices higher and because they did not colonise others they get the best treatment they buy first and the rest has to wait, that's the reality, what used to be made in Italy now it's made in China and India and the quality is good too.