65% of Italians Think Euro Made Things Worse for Italy's Economy
CNBC has some interesting figures on a recent poll in Italy: Majority of Italians No Longer Trust the Euro
- 65% of those polled thought the introduction of the euro has been more damaging than beneficial for the Italian economy
- 55% percent of Italians have lost confidence in the euro single currency
- Confidence in the European Union stood at 51%, the lowest level in many years
- 31% said they would prefer a return to the lira
The last bullet point is the odd man out. Expect to see that number rise as Italy heads into a massive recession.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List




GoldMoney: The Best Way to Buy Gold and Silver
Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.