How do we expect to grow economically if some 30% of Italian firms - TopicsExpress

How do we expect to grow economically if some 30% of Italian firms owe five times or more than their annual earnings before interest, tax, depreciation and amortisation. As the article says this is a ratio that would make a private-equity firm blush. Getting to this point, in the first place, means that our legal system clearly does not work. The question is: When is the government going to seriously interfere in the economy and provide struggling sectors with significant capital injections? The problem is always the same: debts. But if productivity (or final GDP) is not increasig and not enough money is circulating people will never have enough money to spend and invest. What about jobs? No jobs = less productivity as a result of that. We cant let interest rates to grow too much otherwise we are never going to be able to pay our debts back and start growing. It is really the time to think less and act more!

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