With faltering banks, a failing economy and renewed austerity cuts, things are not looking good for Italy. Italy's economy is the fourth-largest in the European Union, and its debt burden -- wavering at about $2.2 trillion -- shows no signs of subsiding, regardless of PM Silvio Berlusconi's decision to ramp up reforms. Oh, and its economy looks a real lot like Greece. Continuing market jitters are evidence that the ECB's bond buying measures are only a temporary stopgap for Italy. What's more, experts everywhere are realizing that not even the European Financial Stability Facility (EFSF) can save Italy's economy. ... (full story)