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> Until the early 1990s, Italy enjoyed decades of relatively robust economic growth This is painting just one side of the story. Look up the graphs for debt a
by gattilorenz 7y ago
> Until the early 1990s, Italy enjoyed decades of relatively robust economic growth
This is painting just one side of the story. Look up the graphs for debt as % of GDP in the same years.
- gattilorenz 7y agoHere they are: https://tradingeconomics.com/italy/government-debt-to-gdp https://tradingeconomics.com/italy/government-debt-to-gdp https://2.bp.blogspot.com/-rj28mXbk6V8/TsEC58hZftI/AAAAAAAAAPY/cz9RMOQcXb0/s1600/Italy+Debt.jpg https://2.bp.blogspot.com/-rj28mXbk6V8/TsEC58hZftI/AAAAAAAAA... Sure, we were growing, but more than that we were growing our public debt. I'm no economist, but this doesn't seem the sign of a healthy economy to me.