Italy: what scandalizes the EU? That we have a middle-class track. That’s why they want our DESTRUCTION
The ongoing debate at the ECB on how to avoid the break-up of the Euro and raise the rates is ridiculous. If the ECB were the FED or the BoJ it would not think about 10 minutes and would defend the government bonds, all, in a differentiated way. But we are the EU, a cage of lions where the "Strongest", or whoever considers himself as such, must devour the weakest, all the son of a liberal ideology that is misunderstood (because then the German "Liberists" defend their small gardens , as well as a series of bestialities such as ESG funds).
What scandalizes the Germans and the Nordics in general? That wealth in Italy is less concentrated in the hands of a handful of super capitalists, but that it still has a somewhat unbalanced distribution, with a semblance of middle class. We see this in this graph presented by Heimberger
The average Italian wealth of households is lower than the average of the Eurozone, Germany and Austria, but the “Median” value, ie at the “Center” of the statistical distribution, is higher. What does it mean in simple terms: that the Italian distribution of wealth has less extremes, that is incredibly rich and incredibly poor people, and has more "middle class", even if this average is slightly poorer than the average.
This is why they hate us: we are not sufficiently ferocious, ruthless. We have too few super poor and too few super rich for European countries. Our middle class is too big and so is our social cohesion.
Do we want to be European? We have to be more evil, more ferocious, have no mercy, impoverish many in order to have more super rich. Governments of the last 30 years have tended to this, because they have been "Europeanists". In the end, even the request for an additional asset only tends towards this.
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The article Italy: what scandalizes the EU? That we have a middle-class track. That's why they want our DESTRUCTION or it comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/italia-cosa-scandalizza-la-ue-che-abbiamo-una-traccia-di-classe-media-ecco-perche-vogliono-la-nostra-distruzioneo/ on Wed, 22 Jun 2022 10:00:41 +0000.