The Italians have endured over 16 years of zero economic growth and youth unemployment around 27% or more, without much hope in sight. Their debt is US$4 trillion dollars and growing – an amount that they will never be able to repay. The people have finally had enough and are demanding change. But is that enough?
Jim Mellon explains why we’re in the era of ‘misallocation of capital’, how America is dominating the tech and internet market and how the EU referendum could be just what Europe needs.