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Italy Concedes To Full Blown Austerity: To Raise Retirement Age From 65 To 67 By 2026

Tyler Durden's picture


Don't anyone say Italy is not willing to tackle austerity with the determination of a rabid dog: retirement age to be raised by 2 years in 15 years, and an epic €5 billion to be raised from privatizations.

From Reuters:

Italy promised European Union partners on Wednesday a package of reform steps to boost growth and control its public debt, including labour and pensions reforms and additional revenues from property divestments.

In a letter sent to an EU summit in Brussels , the government said it would put forward a firm plan of action to boost growth by Nov. 15.

It promised measures to cut red tape and modernise state administration to improve conditions for business.

It also said the minimum age for old age pensions would be raised in gradual steps to 67 years for both men and women by 2026.

The letter also promised to raise 5 billion euros a year from divestments and improved returns from state property.


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Wed, 10/26/2011 - 14:33 | 1813590 pragmatic hobo
pragmatic hobo's picture

on the bright side ... 67 is new 57 ...

Wed, 10/26/2011 - 14:37 | 1813619 French Frog
French Frog's picture

"an epic €5 billion "
epic indeed lol

Wed, 10/26/2011 - 14:39 | 1813634 AldousHuxley
AldousHuxley's picture

this is only for public workers with guaranteed job security.

majority of private workers will be forced to retire by 55 and will be LUCKY if they get to retire at 67.

Wed, 10/26/2011 - 14:41 | 1813648 Pladizow
Pladizow's picture

How many of the Italian politicians that vote for this will be alive, let alone in office in 2026?

Wed, 10/26/2011 - 14:43 | 1813663 taraxias
taraxias's picture

The important thing is that Berlusconi's mistress will be almost 29 by then.

Wed, 10/26/2011 - 14:46 | 1813685 Ahmeexnal
Wed, 10/26/2011 - 14:59 | 1813761 Oh regional Indian
Oh regional Indian's picture

Thing I'm wondering Ahmee, is this. How will these guys engineer another Aisan Shock like 1997.

That has to be the ace up their sleeve. Only that it will cannibalize their last growth markets. Very interesting dilemma. 

But if this Diwali (Festival) season is anything to go buy(!!!), the sentiment is very very muted. Don't know if the BRICS have the backbone to bail out whitey again.


An Audio Visual Journey

Wed, 10/26/2011 - 15:31 | 1813924 trav7777
trav7777's picture

guess that all-out planet and star induced crash last week didn't come huh?

Maybe think about STFUing

Wed, 10/26/2011 - 14:48 | 1813701 Miss Expectations
Miss Expectations's picture

Sources close to Berlusconi have stated privately that the retirement age of mistresses and private dancers will, in fact, be going down.

Wed, 10/26/2011 - 14:49 | 1813712 Manthong
Manthong's picture

Oh, the humanity!

Heartless bastards.

Wed, 10/26/2011 - 17:55 | 1814337 arkady
arkady's picture

That is, in fact, not the only thing expected to be going down - and often.

Wed, 10/26/2011 - 14:58 | 1813744 DosZap
DosZap's picture


I am lost on this statement, what do you mean forced to retire at 55,and lucky to retire by 67?

majority of private workers will be forced to retire by 55 and will be LUCKY if they get to retire at 67.

Wed, 10/26/2011 - 17:22 | 1814270 AldousHuxley
AldousHuxley's picture

forced retirement = layoff  because you are too expensive; aka. age discrimination; even at executive levels. they give you the "early retirement" buyout offer.


lucky few who do get to retire = actually I don't know of anyone.

I've never actually seen anyone older than 60 at a publically traded corporation. and these are folks with pensions.

The younger generation X will be working at McDonald's despite 30 year corporate executive experience. Just look at JAPAN.


Most Japanese companies require that employees retire upon reaching a specified age. During most of the postwar period, that age was 55. Because government social security payments normally begin at age 60, workers are forced to find reemployment to fill the gap





Wed, 10/26/2011 - 15:42 | 1813957 The Big Ching-aso
The Big Ching-aso's picture

Hey!   You donna lika how we adoo austerity here thena fungoo ayooz tooz!

Wed, 10/26/2011 - 14:40 | 1813640 thetruth
thetruth's picture

you have to laugh...or else you would cry

Wed, 10/26/2011 - 15:47 | 1813974 The Big Ching-aso
The Big Ching-aso's picture

Effective by 2026 is beyond epic.     It's plum more Salvador Dali surreal than he could even paint.

Wed, 10/26/2011 - 17:31 | 1814289 Uncle Sam
Uncle Sam's picture

Here's the key point:

"The letter also promised to raise 5 billion euros a year from divestments and improved returns from state property."

What are they going to sell? Who makes the decision? This whole crisis is about carving up sovereign states for the transnational uber-wealthy, answerable to no one. Eventually they will own everything of REAL VALUE and the rest will be left to rot, like unharvested lettuce. They will live behind iron gates with private militias, in countries with no extradition treaties.

The single government NWO is only the final stage of a long plan. After there's nothing left to acquire, they let it all collapse and retire with their bloodline. The ultimate financial/sociological parasite class.

Thu, 10/27/2011 - 09:28 | 1816862 Bob
Bob's picture

Bingo on the privatization (what did we call it when the Russian "oligarchs" did it?).

Wed, 10/26/2011 - 14:39 | 1813633 iDealMeat
iDealMeat's picture

And 57 is the new 47..  Just ask the Duchess of Spain.


Euro is domed..

Wed, 10/26/2011 - 14:41 | 1813650 Comay Mierda
Comay Mierda's picture

she's a fox

Wed, 10/26/2011 - 14:44 | 1813672 caerus
caerus's picture

lucky guy...

Wed, 10/26/2011 - 15:00 | 1813780 oddjob
oddjob's picture

Her face is a cross between a dead poodle and a raisin.

Wed, 10/26/2011 - 15:48 | 1813978 The Big Ching-aso
The Big Ching-aso's picture

Nothing wrong with dead poodles for a change of pace.

Wed, 10/26/2011 - 15:01 | 1813783 SilverIsKing
SilverIsKing's picture

It's Halloween fellas

Wed, 10/26/2011 - 15:11 | 1813834 MonsterBox
MonsterBox's picture

She probably knows stuff....

Wed, 10/26/2011 - 14:44 | 1813668 AldousHuxley
AldousHuxley's picture

67 is the magic number world goverenment has agreed upon.

coming to USA near social security/medicare/retirement until 67.

Meanwhile, you will be let go as VP of whatever that was just outsourced at age 50.


Workers better go get one of those rare government jobs with pension or start buying McDonald's franchise.

Wed, 10/26/2011 - 15:21 | 1813874 mjk0259
mjk0259's picture

I'm hoping for 52. I wish they'd stop putting those locking tops on the dumpsters at the supermarket. That was a big part of my retirement plan.

Wed, 10/26/2011 - 17:01 | 1814216 AldousHuxley
AldousHuxley's picture

rent a truck, steal the dumpster. That iron core must be worth a lot.

Wed, 10/26/2011 - 14:44 | 1813674 hedgeless_horseman
hedgeless_horseman's picture

Stick some fennel in that sausage and pass me the Barbera.

Wed, 10/26/2011 - 14:45 | 1813684 Smiley
Smiley's picture


I don't know whether to laugh, cry, or vomit.

Wed, 10/26/2011 - 14:49 | 1813706 Threeggg
Threeggg's picture

All I can say is "WOW"

Best looking Cameleon I ever..................."wait" maybe not.

Wed, 10/26/2011 - 16:40 | 1814169 walküre
walküre's picture

They kept it all in the same family - for centuries.

Chop, chop time. We have too much of these vermin crawling around. They consume 100s of times the amount of resources and space that any common human being would utilize.

My plans for austerity start at the top. Chop, chop and become lean and mean.

Thu, 10/27/2011 - 03:36 | 1816265 Taterboy
Taterboy's picture

The honeymoon= If he dies, he dies.

Wed, 10/26/2011 - 14:45 | 1813683 YesWeKahn
YesWeKahn's picture

The average longevity is about 66.5.

Wed, 10/26/2011 - 14:33 | 1813596 Irish66
Irish66's picture


Wed, 10/26/2011 - 14:39 | 1813639 Mugatu
Mugatu's picture

No, its very smart.  Every eligible voter will be dead by the time the retirement age increases.

Wed, 10/26/2011 - 14:45 | 1813679 Irish66
Irish66's picture

did it help the US debt?  and yes I'll be dead

Wed, 10/26/2011 - 14:34 | 1813598 orangedrinkandchips
orangedrinkandchips's picture

well, THAT SOLUTION was sure easy...NEXT!!


joke anyone?


Wed, 10/26/2011 - 14:36 | 1813608 tarsubil
tarsubil's picture

No more jokes, please! One more of these out of Europe and it might kill me.

Wed, 10/26/2011 - 14:37 | 1813612 A Lunatic
A Lunatic's picture

What's the difference between a Banker and an onion?



No one cries when you chop up a Banker.

Wed, 10/26/2011 - 14:37 | 1813614 Honey Badger
Honey Badger's picture

thatsa one a tiny meataball

Wed, 10/26/2011 - 14:43 | 1813655 SheepDog-One
SheepDog-One's picture

Yea we just went from 'Western world implosion dangling on the cliff edge' to 'What, us worry? Yea we're all bankrupt, but we've decided not to discuss that for a decade or so' all in a few hours! 

Wed, 10/26/2011 - 14:34 | 1813601 I am a Man I am...
I am a Man I am Forty's picture

those are some hard core mother fuckers, relentless bastards

Wed, 10/26/2011 - 15:45 | 1813967 Silver Bully
Silver Bully's picture

Indeed! NEVER underestimate the stubborness of an ostrich sticking its head in the ground. It will certainly not stick its neck out for you.

'No worries, this too shall pass . . .'

Wed, 10/26/2011 - 14:36 | 1813602 legal eagle
legal eagle's picture

Listen, as soon as I am out of office and retired, we will give you all the freakin austerity you want.

I am pretty sure that is how the public pension debacle was created.

The government will sell property?  How much for that flooded town with the opera singers?

Wed, 10/26/2011 - 14:36 | 1813603 Gief Gold Plox
Gief Gold Plox's picture

Stunning. Such commitment on their part; a beacon of light from Europe. 


Wed, 10/26/2011 - 14:35 | 1813604 redpill
redpill's picture

In a gesture of solidarity, Berlusconi has also agreed to lower the average age of his mistresses by 2 years.

Wed, 10/26/2011 - 14:40 | 1813643 s2man
s2man's picture

The youth are underemployed

Wed, 10/26/2011 - 17:54 | 1814336 The Big Ching-aso
The Big Ching-aso's picture

I think even in certain parts of Italy 11 years old is considered child molestation.    But I'm not sure.   Better ask a priest.

Wed, 10/26/2011 - 14:35 | 1813606 machineh
machineh's picture

 'it would put forward a firm plan of action to boost growth by Nov. 15'

The plan to have a plan is definitively announced!

All rise and bow!

Wed, 10/26/2011 - 14:36 | 1813609 nwskii
nwskii's picture

WHEW! that was close!!! disaster averted, thank god they hit the Big Red Staples Button "That was Easy"

Wed, 10/26/2011 - 14:44 | 1813667 Troll Magnet
Troll Magnet's picture

let's throw a pizza party to celebrate the news!

Wed, 10/26/2011 - 14:36 | 1813611 verbal_kint
verbal_kint's picture

All this after a full blown fight took place in parliment!

$5B is really gonna be a game changer!

FTW- Let the system burn

Wed, 10/26/2011 - 14:40 | 1813635 A Lunatic
A Lunatic's picture








Wed, 10/26/2011 - 15:02 | 1813677 baby_BLYTHE
baby_BLYTHE's picture

Ben can take care of that $5b in one round of POMO, problem solved. No reason to wait a decade.

Wed, 10/26/2011 - 16:09 | 1813617 St. Deluise
St. Deluise's picture

whaa, you no like-a?

Wed, 10/26/2011 - 14:37 | 1813622 Deadpool
Deadpool's picture

they'll be speaking German in Rome in '26...

Wed, 10/26/2011 - 14:44 | 1813670 Josh Randall
Josh Randall's picture

And using the Lira by 2012

Wed, 10/26/2011 - 15:08 | 1813818 JohnG
JohnG's picture

I always liked the Lira.  Go to the ATM, ask for $500, get 1M Lira.  Good times....

Wed, 10/26/2011 - 14:38 | 1813624 nestle
nestle's picture

Bullish Bitchez!!

Wed, 10/26/2011 - 14:39 | 1813627 Troll Magnet
Troll Magnet's picture


2026, eh?  is that in dog years?

Wed, 10/26/2011 - 14:43 | 1813665 sabra1
sabra1's picture

but at least oBLAHma will still be president, i mean Dick Tater!

Wed, 10/26/2011 - 14:48 | 1813696 Troll Magnet
Troll Magnet's picture

I want Lindsay Lohan to be our President by then.  Or at least the first lady. 

Thu, 10/27/2011 - 03:38 | 1816268 Taterboy
Taterboy's picture

She could steal our way out of debt,

Wed, 10/26/2011 - 14:39 | 1813629 jcaz
jcaz's picture

Yeah, that's good for another 50 on the S&P today.....

Wed, 10/26/2011 - 14:39 | 1813630 SheepDog-One
SheepDog-One's picture

T minus 1 hour until the next wave of bad news starts rolling in. 

How they figure they can go from 'financial banking armageddon TODAY' to 'Meh...we'll just do nothing and kick it down the road a few years' tells me theyve just decided to implement total system destruction.

Wed, 10/26/2011 - 14:47 | 1813694 Belarus
Belarus's picture

I predicated a kneejerk reaction to the upside on the Summit meetings, and here it is. Does anyone remember how the EUR/USD rallied from 1.31 to 1.39 and lifted the DOW a 1,000 points based on the Merkozy news that all the details would be revealed with their grand plans on the 23rd? Ooops, then the 26th? Opps.....

Yes, they agreed and had an agreement that something needs to be done.....but apparently they didn't know what needed to be done until they now have finally realized that whatever is to be done is DOA since no one can actually agree to agree on the agreement of said plans now that some phd's have finally whipped out the ole, trusty HP-12c. 

Good luck equities, you'll need it over the coming months. 

Wed, 10/26/2011 - 14:39 | 1813631 AccreditedEYE
AccreditedEYE's picture

LMAO!!! Tyler, you always have the best medicine on days the lunatics are running the asylum formerly known as the free market. Thanks. haha

Wed, 10/26/2011 - 14:42 | 1813636 THE DORK OF CORK
THE DORK OF CORK's picture

I hate to say this lads but Italy is a much more functioning & efficient place then the Good old US of A - it just does not have that reserve currency thingy.

Why would you want to raise the retirment age when you have a unemployment crisis - Jesus thats nuts.

Italy just needs to raise taxes on Gasoline and get over its love affair with the car.

Wed, 10/26/2011 - 14:45 | 1813680 sabra1
sabra1's picture

yeah, but can you buy a house for $100.00 in italy?

Wed, 10/26/2011 - 14:46 | 1813690 I am a Man I am...
I am a Man I am Forty's picture

because you can't afford to give them money for doing nothing

Wed, 10/26/2011 - 14:50 | 1813714 ziggy59
ziggy59's picture

Why? It gives the unemployed 2 more years to look for jobs...

Wed, 10/26/2011 - 15:30 | 1813920 xcehn
xcehn's picture

Well put.

Wed, 10/26/2011 - 14:39 | 1813637 Christoph830
Christoph830's picture

Straw, meet the camel's back

Wed, 10/26/2011 - 14:39 | 1813638 drivenZ
drivenZ's picture

someone definitely did a few goalseeks and PV calcs on that one. 


Wed, 10/26/2011 - 14:40 | 1813641 lapedochild
lapedochild's picture

This rasing of retirement age is happening all over the place and boomers are pissed about it... Soon enough they will realize that it's maybe not so bad to hold on to a job for 2 more years given the uncertainty out there... It will also stiffle efforts for gen X to move up the ladder and gen Y to find a job at all. You basically buffer 2 more years... not good in the end.

I am gen X and no one in my company is even remotely considering leaving... all are retirement eligable, but no one is moving. Don't know anyone who has had a promotion nor a raise. Haven't seen a new face in YEARS

Wed, 10/26/2011 - 15:27 | 1813906 THE DORK OF CORK
THE DORK OF CORK's picture

Thats true -they are not great workers , but there is no point travelling to work and working like a dog if you burn more energy then you produce as I am afraid happens in America.

As long as the Nothern Europeans go on Holidays to Rome and other great cities and as Long as Northern Italy remains part of the Alpine club then its not the worst place in the world to park your money.............but if you push them too far its back to the Lira and no more wine for outsiders.


Wed, 10/26/2011 - 16:19 | 1814093 Chuck Walla
Chuck Walla's picture

 Soon enough they will realize that it's maybe not so bad to hold on to a job for 2 more years 


Ah, what job?

Wed, 10/26/2011 - 14:40 | 1813642 Frank N. Beans
Frank N. Beans's picture

I am scratching my head.

Wed, 10/26/2011 - 14:40 | 1813644 PulauHantu29
PulauHantu29's picture

You're kidding me, right?

I have been to Italy several times and hardly see ANYONE working at ANY age. I love the Olive Nations' way of life ...but unless they have a Sugar Daddy (Germany, Netherlands, etc) to support them, things will get much worse.

Wed, 10/26/2011 - 14:47 | 1813692 citrine
citrine's picture

wait a second, who (and where) is making the shoes designed by Giuseppe Zanotti?

Wed, 10/26/2011 - 15:33 | 1813928 Crisismode
Crisismode's picture

The Chinese.

Wed, 10/26/2011 - 15:40 | 1813948 citrine
citrine's picture

I was afraid, that could be the answer.

Wed, 10/26/2011 - 14:40 | 1813645 Smiley
Smiley's picture

The game is up, nobody is believing the bullshit anymore; Nationalized education has failed to properly dumb down the world's population and now people are seeing shit spewed forth from the Shitheads-of-State, for the shit that it really is.


This is going to end in a WAR.  Europe is going to burn; AGAIN!

Wed, 10/26/2011 - 14:40 | 1813646 Rhone_Ranger
Rhone_Ranger's picture

They forgot to mention that the 5 billion raise will be based on the lire which is what Italy will be back to in 6/2012.

Wed, 10/26/2011 - 14:41 | 1813649 caerus
caerus's picture

world should be full blown mad max by then anyway...i am the nightrider

Wed, 10/26/2011 - 14:41 | 1813653 LawsofPhysics
LawsofPhysics's picture

+500 points on the DOW (today).

Wed, 10/26/2011 - 14:41 | 1813658 Dr. Engali
Dr. Engali's picture

I wonder if these people know that they sound like full blown retards,or if they really believe what they say.

Wed, 10/26/2011 - 14:46 | 1813689 Mark123
Mark123's picture

Actors rarely believe what they say, but they can deliver their lines with great effect.


The only difference is that the Politicians pay (bribes) is much better than your average actor.

Wed, 10/26/2011 - 14:42 | 1813661 skohiu
skohiu's picture

Biongiorno, bitchez!

Wed, 10/26/2011 - 14:43 | 1813664 citrine
citrine's picture

Looks like an appropriate response to German and French demands for austerity, doesn't it?

Wed, 10/26/2011 - 14:43 | 1813666 LongSoupLine
LongSoupLine's picture

Typical Europe...what a f'ing joke.

Meanwhile algo scanners see this as bullish...up we go.

Wed, 10/26/2011 - 14:45 | 1813681 Falcon15
Falcon15's picture

The latest Hopeium injection is taking hold.

Wed, 10/26/2011 - 14:48 | 1813698 Vincent Vega
Vincent Vega's picture

And in other news...Bloomberg: French President Nicolas Sarkozy and German Chancellor Angela Merkel want to meet Greek creditors in Brussels tonight on the sidelines of a European summit to break a deadlock of the terms of a debt writedown, said a person familiar with the matter.

Wed, 10/26/2011 - 14:49 | 1813703 HedgeFun
HedgeFun's picture

'would be raised in gradual steps'.  Let me do some math here:  increasing age by 24 months and uh, 15 years * 12 months per year = PUNT!


Wed, 10/26/2011 - 14:49 | 1813709 Lindorn
Lindorn's picture

Oh ZH I love you so.  I literally almost spilled coffee all over myself when I read the title and first sentence of this article.  The italians had a great opportunity to show the world they were really serious today by cutting one vacation day each to add another 750k onto those cuts.

Wed, 10/26/2011 - 14:49 | 1813710 Dick Darlington
Dick Darlington's picture

Bunga Bunga is counting on Draghi to continue in the footsteps of Mr zprice zstabeleteeeee and monetize the peripheral gubbmint bonds. We know Germany is against that, it's just a matter of time when they say "no more". And my bet is that Germany will be the first making the move OUT of zeuro.

Wed, 10/26/2011 - 14:51 | 1813732 Peter K
Peter K's picture

No, like two rabid dogs.

Wed, 10/26/2011 - 14:52 | 1813734 ramblinon
ramblinon's picture

Thank the Good Lord!  Now Berlusconi can get back to what he's best at...  banging underage hookers and insulting the most powerful person in Europe, Angela Unfuckable Fat-ass Merkel.

Wed, 10/26/2011 - 14:53 | 1813742 ramblinon
ramblinon's picture

and as we all know, using the time value of money, the effect to the Italian economy will be epic.  EPIC!!!!!!!

Wed, 10/26/2011 - 14:53 | 1813739 Paul67
Paul67's picture

Shock horror, about 1 month advancement per year?  What’s next……cat juggling?


Eventually everyone’s retirement date will be what’s engraved on your tomb stone.

Wed, 10/26/2011 - 14:58 | 1813768 xcehn
xcehn's picture

The corrupt politicians who are bought and paid for by the banksters have conceded to full blown austerity.  That concession is about as democratic and legitimate as the one that Greece made.  Civil unrest is now guaranteed to consume Euroland. 

Wed, 10/26/2011 - 15:05 | 1813801 Vuvuzela
Vuvuzela's picture

Thye will make the whole world soon work till 90 and go in a cane to work as sales peoples and sell chinese junk in a shopping mall

You guys realy dont see that they deindustrailise the whole world and the only production is in china

WTF all peoples on this planet are blind or mind control ?


? ? ? ? L U T ? ?? N

Wed, 10/26/2011 - 15:06 | 1813809 DosZap
DosZap's picture

You know, for all the Ulcers, and Tears these bstds have caused, they should ALL DEFAULT and get on with it.

IT is what it IS..........................

If it's CHAOS, so be it.

All this crap to save BANKS????????...............(YOU made loans, they defaulted, you EAT  IT

Wed, 10/26/2011 - 15:08 | 1813819 Vuvuzela
Vuvuzela's picture


Wed, 10/26/2011 - 15:44 | 1813964 xcehn
xcehn's picture


Wed, 10/26/2011 - 15:07 | 1813812 johngaltfla
johngaltfla's picture

When the moon

Hits your eye

Like a big pizza pie

That's amore.....

Sorry, did Italy do something constructive again?

Wed, 10/26/2011 - 15:09 | 1813822 PhD
PhD's picture

This changes everything

Wed, 10/26/2011 - 15:09 | 1813823 Piranhanoia
Piranhanoia's picture

So,  Italy has defaulted. We can only wait for the spin on how doubleplusgood this is.  Merkozy is printing and packing.  

Wed, 10/26/2011 - 15:11 | 1813838 Slipmeanother
Slipmeanother's picture

UK needs to dig itself out of a hole about the same size as Italys first before their slaves work on other countries

Wed, 10/26/2011 - 15:33 | 1813927 xcehn
xcehn's picture

Relative to what the banks are conceding, how laughable are these concessions really?

Wed, 10/26/2011 - 15:42 | 1813956 earleflorida
earleflorida's picture

"2026" ,... the year the world stood still,  as the mighty roman's resurrect their dead

Wed, 10/26/2011 - 16:03 | 1814025 navy62802
navy62802's picture

Haha. Great news. A commitment to implement austerity ... over the next decade and a half. Now that's what I call definitive, immediate action right there.

Wed, 10/26/2011 - 16:13 | 1814073 onearmedlove
onearmedlove's picture

One day the "retirement age" will be a MINIMUM.

Wed, 10/26/2011 - 16:22 | 1814105 -Michelle-
-Michelle-'s picture

50 year olds all over Italy weep with rage...

Wed, 10/26/2011 - 16:28 | 1814128 Strider52
Strider52's picture

"After you're dead, you still owe us 2 more years of labor."

Wed, 10/26/2011 - 16:28 | 1814129 lizzy36
lizzy36's picture

I wonder what the Fuher has to say about this?

Wed, 10/26/2011 - 17:00 | 1814210 topcallingtroll
topcallingtroll's picture

Guys she isnt that bad. She got big tetas.

Hell I have fucked worse when drunk. Dont you guys even pretend you havent.

Wed, 10/26/2011 - 16:29 | 1814132 Drunken Monkey
Drunken Monkey's picture

What is the average life expectancy of an Italian living on catfood anyway?

Wed, 10/26/2011 - 16:47 | 1814182 dollarcoaster
dollarcoaster's picture

I think Mr. Bean would do better and beyond!


Wed, 10/26/2011 - 16:47 | 1814184 THE DORK OF CORK
THE DORK OF CORK's picture

I don't get this Italian bashing - OK they are more honest about their coruption then their more northern neighbours - but thats refreshing at least.

And they are great designers............

Turin Rocks............and Ahem.......Viki B.


Wed, 10/26/2011 - 17:00 | 1814211 xcehn
xcehn's picture

It's the same sort of bashing Greece took too.  But compared to the way the US is bashed almost everywhere today, it's negligible. Peace.

Wed, 10/26/2011 - 18:11 | 1814392 THE DORK OF CORK
THE DORK OF CORK's picture

Well just found out Turin does not make much stuff nowadays - the new Fiat 500 is made in Poland somewhere and the old plant has been closed for 30 years !!!!!! - ah well , at least they make wine - much more important.

Great designers but poor engineers.

Wed, 10/26/2011 - 18:16 | 1814413 ricocyb13
ricocyb13's picture

UK wants to leave

watch the video:

Wed, 10/26/2011 - 18:42 | 1814520 ricocyb13
Wed, 10/26/2011 - 19:07 | 1814618 Godaddy
Godaddy's picture

long live the 'royale with cheese' and all things europe...

"I don't know.. I didn't go to burger king"



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