The global economic downturn continues on in its devastating path, my friends. Here is an article about how it is impacting Italy. As always, it is those who can least battle such forces who are affected the most. Failing corporations simply pass along their higher costs to the consumer, then provide sumptuous lifestyles for their executives with that newfound revenue, all in hopes that their leaders will be more "motivated" to rescue the company. At least, that is how it is in America. I've heard it said that, "as America goes, so goes the rest of the world". Economics aside, and speaking in the moral sense, this is too bad, as it seems as though America works hard at exporting paradigms for every social ill and moral degradation to the rest of the world. Examples are intense consumerism, family breakdown and reality T.V. shows featuring angry frat boys with frosted hair and unintelligible ditzy California-esque girls who use the word "like" as a noun, pronoun, adverb, adjective, preposition, conjunction, etc. God have mercy on us. Or not.
Enjoy!
(You may click on the article to enlarge the text.)
Sunday, October 26, 2008
The "New Poor" in Italy
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