Italy's bond yields at record levels today ....

[sasguru]

Here's the UK's from the same source:

United Kingdom GDP Annual Growth Rate

Spot the difference the markets have noticed?

[bless 'em all]

Absolute nonsense.
Italy's debt/GDP is a whopping 120%. Their growth rates over the last 15 years show they cannot pay that back.
Italy's debt is the third largest in the world.
That's why the SHARKS are CIRCLING them.

HTH

The past has come back to haunt the current European leaders who's predecessors allowed 'certain' Southern European countries to join the Euro when their some-what cooked books showed they met the joining criteria.

Someone's going to make shed-loads of cash out of this while the ordinary people across Europe suffer for it.

[MarillionFan]

I am now shorting Ferraris and pizzas.

[petergriffin]

Can't Berlusconi lend Italy some money?

Problem is Fininvest has debts in the order of hundreds of millions.

[BlasterBates]

You ought to reference your charts, since that is NOT Italy's growth rate as conventially measured.

This shows that, as most experts agree, Italy's growth rate rarely hit 1% over the last 15 years.

Italy GDP Growth Rate

Those are quarterly growth rates.



You ADD THEM UP for the year

Here's a cross check with the figures I put up earlier.

Eurostat - Tables, Graphs and Maps Interface (TGM) table

You can also check other sources if you like.

HTH

[TimberWolf]

Growth rates are presumably real (inflation adjusted)? Trouble is, official inflation figures are a fiction, or a creative art at the very least.

[russell]

If they hit 7% then ECB have a mechanism to lend at a reduced rate, so no worries, the euro leaders are on top of it, look how quickly they sorted out The Greek.

[sasguru]

Those are quarterly growth rates.



You ADD THEM UP for the year

Here's a cross check with the figures I put up earlier.

Eurostat - Tables, Graphs and Maps Interface (TGM) table

You can also check other sources if you like.

HTH

You really are thick as 2 short planks aren't you?

Compare Italy's annual real growth rate with the UK's over the last 15 years.

Poorly educated Moron.

[suityou01]

You really are thick as 2 short planks aren't you?

Compare Italy's annual real growth rate with the UK's over the last 15 years.

Poorly educated Moron.

WHS, sorry.

[BlasterBates]

You really are thick as 2 short planks aren't you?

Compare Italy's annual real growth rate with the UK's over the last 15 years.

Poorly educated Moron.

Well lets check yet another source shall we.


https://www.cia.gov/library/publicat...s/2003.html#it

2010 UK GDP 1.3% growth
2010 Italy GDP 1.3% growth



Interesting 3 different sources have exactly the same figures.

It's always good practice to debate with someone who's as thick as pigsh*t.