Italian Debt

Italy has the second highest public sector debt in Europe, after Greece. The IMF predict public sector debt of 123.4 % of GDP in 2012 and it is forecast to grow even bigger. Italy’s national debt reaches record 1.812 trillion euros, but the global national wealth is of about 8.6 trillion, equal to four times the national debt. But unfortunately nearly half of all these properties are in a few hands, to be more precise they are in the availability of 10% of the Italian families.  Carl William Brown

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About Carl William Brown

I'm Carl William Brown a holistic teacher, webmaster, trader, and a writer of aphorisms and essays. I have written more than 9,000 original quotations and at present I'm working at my only novel, Fort Attack, which is also a wide and open blog project. I have done a lot of other things as well, both in business, educational, sport and social fields and in 1997 I founded the Daimon Club Organization to promote literature, culture and creativity.
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