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Doesn't this false dichotomy between "the Italian people" and "Financial institutions" bother you? > Salvini started his activities by showing how the EU is in

Doesn't this false dichotomy between "the Italian people" and "Financial institutions" bother you? > Salvini started his activities by showing how the EU is inept at solving the issue with immigrants Yes, an intercontinental large problem caused by poverty and wars could not be quickly solved by an institution that couldn't get a mandate to handle it. > solving the issue with immigrants Doesn't this bother you even more? I mean, there does exist an "easy fix" for the hard problem of immigration, but that doesn't transfer to having an easy fix available for all the other hard problems that any country will need to navigate.

alanfranzoni 8y ago
> Doesn't this false dichotomy between "the Italian people" and "Financial institutions" bother you? If I thought it to be a false dichotomy, probably. But (I can't find the link right now as I'm in hurry) as far as I remember when some italian banks were saved some years ago, something like the 80% of the amount of non-performing loans for such bank was composed of loans of 1 million euros or more. So, money that was borrowed by large companies or for very large houses (Yes, one million EUR is a luxury apartment or house in Italy, even in Milan or Rome). A lot of issues for financial institutions were not caused by small companies or "normal" people, and yet those are to bear the burden of saving those institutions. > solving the issue with immigrants > Doesn't this bother you even more? I'm not saying it's correct. But this is a game they're playing. As others have said, i think the EU by itself is interesting and should go on, but the euro seems an half-baked project. I think that each country should walk its way and have its liabilities. European countries are quite different from each others and would like to solve their problems in a different fashion, rather than following a path chosen by others. My 2c.
- walterstucco 8y ago
  That's false The large majority of non performing loans are modest amounts, never repaid More than 90% of loans were given without proper guarantees, trying to help.people to recover They never did, they took the money and out them elsewhere Source: I work for a large financial institution developing models for their NPLs Most of them have been offered to pay between 10 and 20% of the debt Justice is just to slow
hiiq 8y ago
Actually, immigration has a simple solution. As the Australians have shown: if you have the testicular fortitude to house illegal immigrants on desolate islands where they are safe from the oppression and starvation they claim to be fleeing, then very, very soon the flow dindles to a trickle. Since most of the country-shoppers aren't real refugees - they just wanted to live in Sydney with an Australian passport and a hard currency. The same applies in Europe.
- sweetdreamerit 8y ago
  testicular thinking, indeed
- intended 8y ago
  Ah yes, I want to live and love in a world without starvation and violence, so of course I should happy to be on a desolate island with no hope for growth, love or life. That’s a paradise! While we are at work on these kinds of solutions, I propose we just put immigrants in cryogenic sleep. It’s probably better than I definitely holding people on desolate islands. Also the irony is rich, given than Australia was the desolate place to dump criminals.
  - hiiq 8y ago
    Actually, the question to ask is - why did the immigrants risk their lives in dangerous boats whilst passing the sanctuary of Indonesia? But we know why. Which is why mass immigration turned out to be so easy for the Australians to solve.
    - rapnie 8y ago
      If your idea of 'solving problems' gets any more wide adoption, then I fear for the world. Out of sight, out of mind. Put them on paradise islands, in shithole camps, violate some basic human rights. The islanders can be capo's. A true win-win.. except for the refugees, then.
      - 8y ago

alanfranzoni 8y ago

> Doesn't this false dichotomy between "the Italian people" and "Financial institutions" bother you? If I thought it to be a false dichotomy, probably. But (I can't find the link right now as I'm in hurry) as far as I remember when some italian banks were saved some years ago, something like the 80% of the amount of non-performing loans for such bank was composed of loans of 1 million euros or more. So, money that was borrowed by large companies or for very large houses (Yes, one million EUR is a luxury apartment or house in Italy, even in Milan or Rome). A lot of issues for financial institutions were not caused by small companies or "normal" people, and yet those are to bear the burden of saving those institutions. > solving the issue with immigrants > Doesn't this bother you even more? I'm not saying it's correct. But this is a game they're playing. As others have said, i think the EU by itself is interesting and should go on, but the euro seems an half-baked project. I think that each country should walk its way and have its liabilities. European countries are quite different from each others and would like to solve their problems in a different fashion, rather than following a path chosen by others. My 2c.

walterstucco 8y ago
That's false The large majority of non performing loans are modest amounts, never repaid More than 90% of loans were given without proper guarantees, trying to help.people to recover They never did, they took the money and out them elsewhere Source: I work for a large financial institution developing models for their NPLs Most of them have been offered to pay between 10 and 20% of the debt Justice is just to slow

hiiq 8y ago

Actually, immigration has a simple solution. As the Australians have shown: if you have the testicular fortitude to house illegal immigrants on desolate islands where they are safe from the oppression and starvation they claim to be fleeing, then very, very soon the flow dindles to a trickle. Since most of the country-shoppers aren't real refugees - they just wanted to live in Sydney with an Australian passport and a hard currency. The same applies in Europe.

sweetdreamerit 8y ago
testicular thinking, indeed
intended 8y ago
Ah yes, I want to live and love in a world without starvation and violence, so of course I should happy to be on a desolate island with no hope for growth, love or life. That’s a paradise! While we are at work on these kinds of solutions, I propose we just put immigrants in cryogenic sleep. It’s probably better than I definitely holding people on desolate islands. Also the irony is rich, given than Australia was the desolate place to dump criminals.
- hiiq 8y ago
  Actually, the question to ask is - why did the immigrants risk their lives in dangerous boats whilst passing the sanctuary of Indonesia? But we know why. Which is why mass immigration turned out to be so easy for the Australians to solve.
  - rapnie 8y ago
    If your idea of 'solving problems' gets any more wide adoption, then I fear for the world. Out of sight, out of mind. Put them on paradise islands, in shithole camps, violate some basic human rights. The islanders can be capo's. A true win-win.. except for the refugees, then.
    - 8y ago