DEMAGAGA

Eurobonds or Bust

News

Italy’s Sovereign Debt Rating Cut by S&P, Calls for Berlusconi to Resign.

Not that this is shocking news to anyone who has been following the story of Italy’s sovereign debt crisis, but always reliable US firm Standard and Poor’s has cut Italy’s debt rating on fears that its economy will slow, thus hampering its ability to effectively repay its debts. The cut is from A+ to A. […]

Silvio Berlusconi admits to sexing up 8 women in one night, in addition to insulting German Chancellor Angela Merkel and isolating anyone who may have ever supported him – this in the midst of Italy’s financials hitting the fan.

It’s always a good idea to call the richest nation in Europe’s leader an unattractive ‘lard arse,’ especially when your incompetent government and marginally powerful state has blown all of its money and threatens the economic stability of the European Union. If ever anyone needed proof that democracy can be the devil in disguise, Silvio […]