Griechenland und Italien sind die einzigen beiden Länder, in denen die Menschen im Vergleich zu vor 20 Jahren ärmer sind.

Well, they keep electing morrons so… you reap what you sow

Poorer in what metric?

I’m a low pay worker in Ireland and I certainly feel like my money went further 20 years ago.

i have watched travel blogger he visited Greece and then Italy, in both countries lots of businesses was closed all the time. it was difficult to find good place to eat and shop. it might be just because population is lazy, cant blame them, drink wine, eat olive and talk, what else can human wish for? just like ancient greece people.

it is sad at the same time because i love Ancient Greece and Italy (Rome)

Una faccia, una razza 🇬🇷🇮🇹❤️❤️

Weird, in Italy all politicians (and also civilians) keep saying that making debt is good for the economy… And then the only two countries whose citizens are poorer than 20 years ago are the two countries with the highest debt (compared to GDP). Very very weird, must be a coincidence

Lmao fascists regimes doing fascists regime things

Well, Greece reduced debts. Are they poorer or richer now?

Countries killed by EU and Euro, Italian economic crysis started when ECB sent a informal letter to Berlusconi in 2011 asking him to do reforms, he refused so 3 months later the governament fell and ECB (led by Mario Draghi at the time) imposed a tecnocratical government in Italy led by Mario Monti which didnt solve the deficit but did massive cuts to welfare. Also Mario Draghi became president in 2021 of course he didnt even show up to a single elections he just became tecnocratical president during COVID „because yes“.

The key for this happening are italians national politicians which accept everything Europe imposes over the country but at the same time is the EU which forced Italy to kill their economy in 2011-2012 after the first years of euro where Italy was growing just like other countries. ECB owns all countries bonds so they can just sell and cause a spread crysis, this is absurd.

Also today we are seeing the opposite, in 2011 Italy had a deficit of 3.9% now France has 5.6% but ECB just buys French bonds while they sell Germany and Italy ones so despite rating agencies lowering France grade the spread doesnt grow while in 2011 in Italy the spread grew before rating agencies worsening their grade which perfectly explains the „ECB golpe“ theory.

Got a lot of Ukrainian friends in both countries and they say it’s pretty easy to earn money there, if you don’t have siesta and work more. So, they are balanced.

What about Turkey and Japan?

Getting better in the last few years.

Greece was cooking the books 20 years ago so I wouldn’t put much credence on that. Italy has also just started to actually keep proper books and make people pay tax. Surprise! Things look different because the statistics being kept are a little more correct.