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  • Mario Monti's resignation

    From economist.com

    Read Full Story at economist.com

    However understandable his decision, Mario Monti’s announcement of his intention to resign as prime minister will inflict serious, short-term damage. It means his government will come to an end in a premature, probably disorderly and possibly chaotic fashion. Mr Monti told Giorgio Napolitano, the president, on December 8th that he would step down as soon as the 2013 budget was passed. But it looks as if much else his government had been working on in recent months will now not be approved (or, in the case of measures introduced by decree, confirmed) in parliament. Legislation doomed or in jeopardy ... (full story)

    • TraderUSA

      809 posts
    • I understand his decision, too many clowns run the show in euro crisis. They are not intentionly to solve the problems together but just making noise. He tried hard, but time to leave. Let those clowns solve their problems their ways.

    • jaygee

      2,166 posts
    • too many chiefs and not enough indians is what we use to call it. One currency and 20+ bosses trying to manipulate it to their advantage. it was flawed the way it was setup in the first place.

    • turanius

      355 posts
    • Berlusconi will come back and withdraw from the ECU as I said already the other day.

    • Spreadbetter

        1,443 posts
    • ECU? Equality Challenge Unit, European Chiropractors Union..?

      Quoting turanius
      Berlusconi will come back and withdraw from the ECU as I said already the other day.

    • mitch77

      83 posts
    • Quoting turanius
      Berlusconi will come back and withdraw from the ECU as I said already the other day.
      Dream on, Berlusconi is an idiot and will never be prime minister again.

    • turanius

      355 posts
    • Quoting Spreadbetter
      ECU? Equality Challenge Unit, European Chiropractors Union..?
      Europen Currency Union, called also EMU: European Monetary Union

    • turanius

      355 posts
    • Quoting mitch77
      Dream on, Berlusconi is an idiot and will never be prime minister again.
      You will see.

    • Spreadbetter

        1,443 posts
    • A fascinating biproduct is that two countries; Italy first and perhaps Greece if Syriza do arrest power, will remove their unelected officials and Goldman's technocratic programme. The impact of this should not be over looked.

    • Exodus

      1,217 posts
    • Quoting Spreadbetter
      ECU? Equality Challenge Unit, European Chiropractors Union..?
      Economic Clowns Unit

    • Pip Sniper

      69 posts
    • The private goal of the global elite is Technocracy.
      Technocrats are unelected officials that bring some specialized skill or methodology to their appointed office.
      http://www.augustforecast.com/

    • Manekineko

      202 posts
    • From Italian in to English Ecu is European counting unit 9'o clock let's see where the Bund -Bot spread will go Bunga Bunga is coming back
      Silvio for president Yes of North Pole.

    • mrforex8

      144 posts
    • Euro is Downing All December 2012 , AND January 2013 .

    • FX Advantage

      6 posts
    • He can no longer sustain the serious condition.

    • Spreadbetter

        1,443 posts
    • Yeah, we've tried everything else, send in the clowns. Juggling is their thing..

      Quoting Exodus
      Economic Clowns Unit

    • jpb6163

      28 posts
    • Yes, the last thing you should hear b4 the ship sinks beneath the waves is the band playing, the clinking of glasses and lots of laughter. Silvio is the man if you need a conductor for the band.

    • Spreadbetter

        1,443 posts
    • Actually the last thing you'll hear is those in the lower decks, trapped by their masters, screaming to be let out, to be set free and given a chance to take their chances before they drown.

      Quoting jpb6163
      Yes, the last thing you should hear b4 the ship sinks beneath the waves is the band playing, the clinking of glasses and lots of laughter. Silvio is the man if you need a conductor for the band.

    • jpb6163

      28 posts
    • Unfortunately it's always the so called elites and glass clinkers that get to the life boats first. It has always been that way and that is why we always make the same mistakes. They get to Nirvana first, set it up so they can eat, drink, be merry and get to the life boats first.

    • Spreadbetter

        1,443 posts
    • +1, the Titanic 'metaphor for life' is strong with you Skywalker.

      Quoting jpb6163
      Unfortunately it's always the so called elites and glass clinkers that get to the life boats first. It has always been that way and that is why we always make the same mistakes. They get to Nirvana first, set it up so they can eat, drink, be merry and get to the life boats first.

    • Exodus

      1,217 posts
    • Quoting jpb6163
      Unfortunately it's always the so called elites and glass clinkers that get to the life boats first. It has always been that way and that is why we always make the same mistakes. They get to Nirvana first, set it up so they can eat, drink, be merry and get to the life boats first.
      UBS - purveyors of fine Swiss lifeboats for the Greeks, and probably others.

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