11 Signs That Italy Is Descending Into A Full-Blown Economic Depression

Italy’s economy shrinks as EU leader warns of lost generation

Steve Forbes & Biderman: U.S. Tax Hike Worse Than No Fiscal Deal. New Year Could See Immediate Recession At Worst, Slower Growth At Best!

When The Economy Collapses In The USA, The People Go Shopping!

Bank of Italy governor sees 2 percent GDP fall – paper

Italian business confidence falls to three-year low, fell to 86.2 from 89.1 in April

Beautiful. After encouraging austerity, Moody’s says that austerity is the reason for today’s Italian bank downgrade.

Italian recession accelerating: Its economy is now contracting at an at least 0.3% annualized run rate

WARNING: Fitch sees significant chance of Italy downgrade

Italy (8th largest economy in the world, GDP nominal), Spain (12th largest in world)and Portugal (38th largest in world) economies are poised for collapse, along with Greece (32nd largest economy in world)

S&P Lowers Italy Outlook To Negative And Could Be Lowered Within The Next 24 Months