Italy officially in Recession, page-17

I know you are making things up!!!

Most of the income generation is debt driven.

There is no property boom. Its a ponzi scheme.


The multi million dollar house in Sydney is not real. There is nothing behind it to support it!!!

Where are the incomes to support it??

They do not exist, the government and most overseas entities are in massive debt bubbles that need to be paid off!!!

There are no productivity competitive gains to substantiate the income levels.

Most GDP that is not debt driven will dissipate through disruption in the years ahead irrespective of human labour as an input resource