Please disable your Ad Blocker to better interact with this website.


ALERT: Italy’s Economy Shrinks And Officially Falls Into Foreseeable Recession

By Mac Slavo at

Amid political turmoil and higher borrowing cost, Italy’s economy officially fell into recession at the end of 2018. Most economists are also saying that during the next global depression, governments won’t be able to save anyone.

Rendered useless, the pressure is on the government in Italy to “fix” a recession caused by the government. The private sector never causes recessions and depressions, however, governments and their policies are responsible for both. Italy’s output shrank 0.2 percent in the three months through December, following a 0.1 percent decline in the previous quarter, statistics agency Istat said Thursday.

While the recession may prove short-lived, the latest bad news is likely to test market confidence in the government’s expansive program for 2019, reported Bloomberg. “The growth forecasts on which the budget was based have already been blown out of the water and euro-zone growth continues to weaken,” said James Athey, a portfolio manager at Aberdeen Standard Investments in London. “Italy is going to have to face up to some real problems.”

take our poll - story continues below

Has There Been Voter Fraud in the 2020 Election?

  • Has There Been Voter Fraud in the 2020 Election?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Right Wing Tribune updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

This was a foreseeable event, as Italy’s economy has been stumbling in recent years.  Many didn’t want to see the signs, or perhaps they chose to ignore them. Because the government will be rendered completely useless and incompetent during the next major financial crisis, it’s important to learn to rely on yourself.

Now is a good time to prepare yourself and your family for a future recession in the United States. The gravy train will not last forever and when the everything bubble finally bursts, you’ll want to ensure you turn a catastrophe into an inconvenience.  There are many resources out there to help anyone who is struggling with where or how to begin to prepare their personal finances for such an event. Look for a financial coach in your area who could help guide you through getting out of debt and saving money.

When you share to your friends you greatly help distribute our content. Please take a moment and consider sharing this article with your friends and family. Thank you, we appreciate it!


Facebook Has Banned Us!

The leftists at Facebook decided they didn't like our message, so they removed our page and are censoring us. Help us fight back and subscribe to our newsletter so that you can stay up-to-date with everything Facebook doesn't want you to see!

Follow Me On Twitter!