Authored by Gail Tverberg via Our Finite World blog,
Economists, including Ben Bernanke, give all kinds of reasons for the Great Depression of the 1930s. But what if the real reason for the Great Depression was an energy crisis?
Two days after Prime Minister Paolo Gentiloni's one-year anniversary of taking the country's top job, Italy's political parties have reached an agreement on when next year's election will be held, according to Italian media reports, with the news prompting a selloff across Italian assets. According to local press, President Sergio Mattarella will dissolve parliament this month and set a March 4 election date.
Via GEFIRA,
Headlines were made in Italy a few days ago when a “casual, unidentified photographer” happened to walk in the streets of Florence and had the uncanny ability of taking a snapshot of an inside wall of the Carabinieri barracks that are literally steps away from the city center.
The flag was not hanging outside a window, as it was inside the private dormitory of military personnel, but it could be partially visible from the outside as the window was open.
Bailins Coming In EU - 114 Italian Banks Have NP Loans Exceeding Tangible Assets
In the Sicilian elections earlier this month, Silvio Berlusconi’s return to a central role in Italy’s political circus took a major step forward with the victory of Nello Musumeci, the candidate backed by the center-right parties, including Berlusconi’s Forza Italia (see “Berlusconi: The Greatest Comeback Since Lazarus?”). As we said at the time.