First, the subjective view: If you look at Grossman, he is compact and less difuse than Berlusconi. He is obviously somehow a politician and doesnt cry foul about political involvement in certain decisions. So, that's the implication of all possible input towards a certain output.
The more objective view leads to the idea that you have to have a pretty unique approach as well. The decisions shouldn't appear hasty but well thought and apply to principally everybody to sustain growth, regardless whether it is health reform or pension reform. And having some controlled surplus input into a stabilization fund is as well guarantee that in case of a sudden downturn there are still means of rescue.
ccoaler-MA link
ccoaler Italy link
Berlusconi's policies containing a certain degree of decay gave him the rogue touch he is now suffering from. I guess Berlusconi's biggest problem will be to represent a serious political figure within 6 months. Otherwise I guess it will be AAA for MA and Caa1 for Italy.
People who treat the matter are desired. Best is, 24h a day. Unlike Berlusconi, with many interrupts in his villa in Arcone. Serious, sensible, credible. The credibility dude.
or whom wouldcha lend cash?
Tuesday, 20 September 2011
So, lets compare Massachusetts upgrade and Italy downgrade
Labels:
economy,
Euro,
Italy,
Massachusetts,
S(and)P
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