/biz/ - Business & Finance

>>50305007
kek i love you fucking wops. crash this gay homounion with no survivors please. love poland.

declining population countries like Italy are the future if they can fight off the incoming migrants

>>50305007
how do i get ITALIAN PUSSY?

>>50305007
gonna buy one of the 1 eur houses and live my neet life in rural italy

>>50305007
You crashed the euro already by making it into the new lira. Honestly, the EU is fucked. And it is mostly the fault of Club Med.

>Italy fucked Germany in WWII with their utter incompetence, couldn't even take care of North Africa by themselves
>Italy is fucking Germany in the Euro Zone, needing a bailout that will be fully paid the German tax payers

Are Italians the N* of Europe?

>>50305148
Italians are the shitposters of the EU and the G*rms are the jannies (who do it for free)

Italy being the 8th largest economy in the world always puzzles me,

I go there quite often, both north and the south, and they always feel quite poor.

Fun-fact:
Italy has an absolutely staggering number of architects per capita.


Why? Who fucking knows.

>>50305007
There is basically a competition between Spain and Italy regarding who crashes the EU first. Spain has double digit 10.2% inflation btw, with worse unemployment and demographics.

>>50305063
you can't, they are entitled feminist braindead whores.
maybe after the collapse you will be able to beat and rape one

>>50305148
>imagine unironically wanting to contribute to the eurozone
the sooner it's over the better it is

>>50305208
maybe ill get a nice villa on the coast in spain in 2 years for 100k usd (depends on if the euro even exists then)

>>50305185
Rennaissence started in italy

>>50305235
> Star of Communism
Europe is disgustingly gay

>>50305166
Nah Germ jannies would've been well organized and followed the rules. Instead they're absent most of the time, show up randomly, do whatever they want and fuck back off

>>50305235
> communism is religion
kek

>>50305185
Being Italian is just a game of doing as little work as possible and having as many other people (ideally foreigners) pay for it. Taxes are for losers and whities.

>>50305185
We are not personally drowning in debt like the rest of you europoors, our debt is only public

>>50305595
You have a poor government and are good at holding the rest hostage. That is the issue. The EU has become an Union of losers. The euro has changed into the Lira and I can tell you right now that the next decades will see more devaluation just to keep your government solvent. All at the cost of the middle class in both Italy and the rest of the EU. In the meantime Italians work on average Italian works 10 years less in his life than a Dutchie or Germ does.

But yeah, a union of losers. The losers make the rules as they have everybody by the balls. Italy will accept nothing less than free money no matter how unfair. And the EC/ECB will roll over backwards to make it happen as the alternative is an Italexit. Italy will go down in history for this.

>>50305063

I found the pajeet.

>>50305007
if italy declares bankruptcy, will they take control of the gold reserves?

>>50305692
Yes, keep seething with your 2001 cliches Otto, Italy is the 3rd net contributor in the EU and gets less than it takes.
Basically we're the ones getting scammed here.

>>50305315
It is, even has it’s own iconography and prophets

>>50305063
This but with italian cock, how do i get it

>>50305107
seethe more achmed

>>50305926
Haha. The ECB bought all Italian debt for years now. We actually needed a NGEU fund purely to keep your country solvent and now the ECB will sell our debt to buy yours to reduce (((fragmentation))). But yeah, tell me more about the few billion you give more into the EU basic budget. The Dutch have been the netto highest contributor the the budget per capita for a decade now. You are dragging everybody down. Its not the convergence that the EC was hoping for but better everybody poor to save the euro eh? Fucking retard. Italians are fun people but you are too proud and too financially illiterate. The fact that you take the absolute contribution and not the per capita one says enough.

>>50305107
Based southern european brown people crashing this plane with no survivors

>>50306017
Already in 2020 Italy was fully dependent on bond buying of the ECB and that was during economic good times. How do you think a global crisis is going to affect tourism? You are a fucking banana republic if not for that. And how are the next elections going to play out? Are you going to allow the EU to assign that bankster Draghi again or are you going to take your country back? There is one thing worse than having to foot the bill for Shitalians and that is being a debt slave stagnant ancient economy with politicians worthy of Somalia.

>>50305046
I kinda want to buy cheap land in pizzaland. Build a nice house and raise my catholic family.

>>50305044
poland gets most of the gibs

>>50306017
You don't understand how "debt" works for states since you're probably a plumber or some other low-tier nigger.
You think it's about some Gregor owning money to Paul, do you? No need to argue with an illiterate dumbass about 101 finance.
And again: many "virtuous" Countries just moved their debt on the private citizens to make their record books look clean.

You are all tourists in this Italian experiment called EU.

Italy was there before, Italy will be there after.

We are on the podium of UE contributors. We are in the G7. We are the Church.

You kill us, you eventually return to barbaric tribes.

>>50306083
Italy NEVER defaulted.
France defaulted 9 times
Austria defaulted 6 times
Germany defaulted 4 times
UK defaulted 5 times
Netherlands defaulted 1 times
Spain defaulted 15 times
Portugal defaulted 7 times
Poland defaulted 3 times

So, who's the bad payer again?

>>50305007
Bring an end to the evil EU empire. Crush the WEF and the racist Jewish supremacists who wish to see all European culture and people destroyed.

>>50306213
I’m unironically doing this later this year. Selling most of my shit and moving to Italy/Greece for now. Absolutely mind blowing I can rent a nice apartment in Rome cheaper than in the Midwest.

>>50306346
>UK defaulted 5 times
When? Only 2 come to mind: UK debt from WW1 owed to the US in 1932 and the War Loan coupon reduction from 5% to 3.5% in 1917. Both come with asterisks because it can be argued neither were true defaults. What are the other 3 you are claiming?

>>50306346
Because it never does anything other than parasite off of someone else
What independent wars has italy ever done to even need to bankrupt itself later?

>>50305274
No you won't. We are going full commie and I am not even joking, its worrysome so you won't be able to buy shit from outside.
Just today our gov decided to raise taxes to big capitals and corpos while making public transport free.
>Who will pay that?
>Uh? Hm the rich... I guess?

>>50305007
Burn it

>>50305166
kek based italians

>>50305926
yeah. We're paying taxes so that eastern europoors can develop their countries without us getting anything in return and are bleeding us dry.
the EU is basically a communist organization to redistribute the wealth from western european countries to ex-soviet countries. How ironic.

>>50305046
Most of the newborns have immigrant parents. That’s true of Italy, Spain, France, Greece and Germany. But hey as long as they teach Ahmed to make my Ducati I’m okay with that.

>>50306838
>btfo'd on finance
>switchs on some shitty war
It seems some barbarian plumber is salty and lacks arguments

>>50306808
United Kingdom defaulted in 1749, 1822, 1834, 1888–89, 1932

>>50306928
Yes, and Italy is the 3rd net contributor, and we're paying more and getting less since the start of the Eurocuck scam.
So you got the wrong target.
Learn what QE is and what it does before opening your mouth for no reason.

>>50305185
It´s artificially propped up because Italy is the worlds masonry and civilization central. It´s just basically oldest of old money holding a whole country in a firm grip. It has no significant economy.

>>50305185
They have quite a lot of industry, but income equality is very high despite a high home ownership rate.

>>50306946
You're full of shit, the UK literally didn't exist in 1749, it came about in 1801. Care to provide anything at all to back up those dates?

>>50307050
https://www.taxpayersalliance.com/war_and_debt

If you consider England too, there are other 3 defaults to be added, so yes, England-UK defaulted 8 times.

And guess who borrowed money to your ragged sovereigns for their shit wars, most of the times? EXACTLY!
Italy!
Many of these debts were with the Venetian banks, and they never paid them back.
If we were Jews like you, we would ask for them back today, with disgustingly high interest rates.

Why can’t you euros band together and genocide foreigners already? The resulting freedom from their use of your system would give you an economic golden age

Anons, stop trying to understand Italy and Italians.

I spent over 30 years living there and it is still impossible to me.
It is a country based on intangible assets that are not captured in standard metrics and KPIs.

Go there, live there, try to build your own idea of the situation or go home.

Among these, the nicest are the Germans.
Those scoundrels went to cry with the rest of Europe twice, to be forgiven their debts, the first time the Nazis with the British, the second time in 1990, when Kohl went to beg forgiveness of war debts or his poor state would fail again.
Then when it was their turn to forgive the Greek default, they behaved like blood-hungry jackals.

>>50307089
Where?? You're pulling these dates out with no context whatsoever and what you linked doesn't back up your claims whatsoever. It doesn't say the UK defaulted multiple times. It mentions default once, which is related to the 1932 WW1 debt I mentioned in my other post. Have you even read the article you linked?

>>50305185
>Italy has an absolutely staggering number of architects per capita.
Don't check out number of lawyers anon

>>50305692
Italians don't want to be in the currency union though. It's German politicians that chimp out when we even dare consider it. So blame yourself.

>>50307237
Cause most euros are literally geriatric fucks who can barely wipe their asses. Europe is a museum, and it is running out of it's caretakers.

>>50307154

The Italians never “defaulted” because as said they have always been parasites and done nothing. They parasite and let their host default instead and the find a new one in their lul.

It happens to be Germany twice in a row this time tho kek

As the most beautiful country and the country most significant to world history, Italy should be supported by the rest of the EU. Infact the only reason the EU should exist is to fund and protect Italy so they can continue living a blessed existence and be a beacon to humanity for millennia to come.

>>50305007
I hope we, spaniards have contributed in the crash

>>50307364
Of course, the Germans cover up their commercial surplus with the poorer economies, and they're violating European rules too with that, but no one argues because they're the bosses and they have a bunch of northern cocksuckers that back them on every decision.

>>50307314
Search all of those dates and you will find sovereign defaults.
And on top of that, England has suffered 12 banking crises since 1800 or an average of about one every 17 years.

>>50307457
The Italians never defaulted, that's a fact, your cucked country instead probably did.
This difference is important to find out who is a bad payer.

You bunch of cretins, furthermore, are referring to the post-Greek crisis, when european QE didn't still exist while the EU currency was already there.
That was a fundamental weakness and traders started speculating on that, the PIIGS definition is known to have been coined by an American investment bank.

>>50307579
>Search all of those dates and you will find sovereign defaults.
I did and I'm finding literally nothing

https://en.wikipedia.org/wiki/List_of_sovereign_debt_crises

Even this only lists 3 that you mentioned and each of those is [citation needed]

>>50307656

As said, because italy has never produced or done anything noteworthy for the past 200 years. Just being a parasite on others.

Hi the fuck can Italy default now with the Euro when they have literally threatened to print euros before if germany didn’t bail them out.
They didnt default after WW2 because germany took the fall for them back then too.

Italians are great at doing nothing.

>>50307686
I found another list but it was on the italian Wiki, anyways, even if you defaulted 3 times, it's bad.

About the 1932 one:
"Britain borrowed heavily from the US during World War I, and many loans from this period remain in a curious state of limbo. In 1931, President Herbert Hoover announced a one-year moratorium on war loan repayments from all nations, due to the global economic crisis, but by 1934 Britain still owed the US$4.4bn of World War I debt (about £866m at 1934 exchange rates). Adjusted for inflation, that would amount to around £40bn today, and if adjusted by the growth of British GDP, to about £225 billion. During the Great Depression Britain ceased payments on these loans, but outstanding bonds such as the War Loan were finally paid off in 2015.[8]"

That was technically a default, I don't care if someone wants to interpret it in another way.

>>50307767
you haven't got the faintest idea what you're talking about you mongoloid, why even pretend

>>50307767
I don't care about your narrow minded plumber opinions about Italian market, which you don't know at all, honestly.
https://www.youtube.com/watch?v=xb5zYKYF3Xo

>>50305007
What’s my chances of getting a cute italian gf as a french man?
I love Italy so much it’s unreal.

>>50307780
Yes, the 1932 one is one I found evidence for and agree with you on, but almost all of the other dates you mentioned have very little to no supporting evidence. Defaulting 3 times is bad, if the UK did default 3 times, but it's not a big deal if the last default is from the 1930s.

>>50305148
>>50305166
>pulisci il bidello

>>50307933
If you had to give a credit score to 2 guys, one has high debt and always paid it, one has lower debt but went bankrupt (even only) 3 times, which one would get a lower score?
UK debt is 85% anyway, not that low.

>>50305063
Just somoke some weed, say that you love some comunist degen like her, give her some spaghetti bolognese and finnaly cum a heavy and tasty load in her mouth.

Dump / Ghost her after. Is that simple.

>>50307911
None.

All french man are gay. No exceptions.

Anyway, I notice that chad threads against/about Italy are always full of replies, try to open a thread about one of your virgin countries and you will get 3 replies, pathetic irrelevant little men.

>>50307237
why don't you do that in america?

>>50308018
You're acting like the UK has a reputation for defaulting. There's scant evidence for most of your claimed defaults and even the ones where we agree, like I said there are asterisks attached to them. The UK did not 'go bankrupt' in 1932, very specifically this happened:

>> In 1932, in the grip of the Great Depression, Britain (and France) defaulted on First World War debt to the United States – the so-called inter-allied debt. Britain had linked its ending of paying of these debts to the premature end of German reparation payments earlier in the year – academics therefore have termed this an “excusable default” where Germany was the real defaulter. The Americans didn’t seem to be especially cross about it in any case, although it was done without consent.

Meanwhile since the 1930s UK has not defaulted and that includes paying back debt from WW2 which took until 2006.

My dad went to a teacher's school for 1 year in South Tyrol (Italy). All his classmates were retired by 45. My grandma retired at 33 because she had 5 children. The husband of mx aunt retired at 40 after being in the military. I don't understand why the North pays for this, but my friend who has a macroeconomics degree assures me that it is economically advantageous for the North compared to a default.

>>50305007
Bread from cheap discount markets went from 45 to 59 cents that's 20 % increase and that's just the very basic food, you can't even find a potato chip bag for less then 1 when I used to buy 33 cents all the time.......that's more then 9% inflation

>>50305069
it would only take 200k and several years of your life to restore it to usable condition, but whatever

>>50307457
>itt: bitter nords seething at unstoppable Italian success

>>50308628
I'm not acting like that, I only say that: if you want to make someone look bad, you can texture bullshit stories about him, like the one I said.
On a certain degree nothing is sure, blue chip stocks can go to $0, and so on.

>>50308232
Meds defend themselves, I've spotted a few spaniards and portuguese here.

>>50305185
Also lawyers. There are more lawyers in Rome than in France

>>50305148
>>50305166
Keek

>>50310812
Mediterranean Europe is the only union that makes sense.
We'd make a mighty agribusiness cartel and force those northern cucks to suck our cock for a decent courgette.

>>50307322
kek this
there are more lawyers in the city of Rome alone than in the entire country of France
>>50305692
>muh free money
>muh taking the rest of the union hostage
>muh working 10 years less than germoids on average
not only every single thing you've said in this retarded post is incotrect, but the opposite is true for every single one of them lmao
go touch some grass and stop taking your opinions from 15yo losers with nordic flags on a site meant for 40yo virgin that watch anime, frocio

>>50310960
Oh shit, look at that fucking poltard freeloaders.

>>50308278
Retard we are the immigrants, we aren’t going to genocide ourselves. Ethnic cleansing and forcing people to go back to their homelands only makes sense in the Old World.

>>50306777
but what about your residency, I doubt you can buy a house on a tourist visa when you can only reside in Italy for a few months

>>50305208
The spanids are lazy fuckers who sleep during the day. You see more africans working selling crap on the streets than them graffing and Italians are basically women, it cooks, talks, makes coffee, talks, makes more food in this endless cycle at every opportunity. They stuck their fingers up to society, a collapse won't really change much to them. When it comes to food and wine their self sufficient and the weather is fairly nice all year so they probably would be ok on the streets

>>50311378
t. Has not been nor interacted with an italian or spaniard ever.

>>50305166

Germoids want a failing euro so they can export ugly luxury cars to shitskins around the world

>>50305208

France would be just as bad but they imported 30 million niggers to make the numbers look better

>>50308944
unironically still a value play

>>50311649
And that's why i love capatalism.