> Until the early 1990s, Italy enjoyed decades of relatively robust economic gro... | Hacker News

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gattilorenz on July 8, 2019 | parent | context | favorite | on: African leaders launch landmark 55-nation trade zo...

> Until the early 1990s, Italy enjoyed decades of relatively robust economic growth

This is painting just one side of the story. Look up the graphs for debt as % of GDP in the same years.

gattilorenz on July 8, 2019 [–]

Here they are:

https://tradingeconomics.com/italy/government-debt-to-gdp

https://2.bp.blogspot.com/-rj28mXbk6V8/TsEC58hZftI/AAAAAAAAA...

Sure, we were growing, but more than that we were growing our public debt. I'm no economist, but this doesn't seem the sign of a healthy economy to me.

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