Italy Moves to Reignite Their Economy

Well they better move fast!!

ROME—Italy's government confirmed on Wednesday that it plans €40 billion (about $57 billion) in fiscal savings in order to balance the budget by 2014, but also said it hoped to reignite Italy's feeble economy with measures including tax breaks for young entrepreneurs and longer store opening-hours on weekends.

Great plan guys, lets keep the malls open later so the people without jobs can shop there and run up more debt.

As of right now at 4:45 est on July 6, 2011 each Italian citizen owns $44,664.92 in national debt, what a few thousand more in personal debt!

Debt per citizen as of July 6, 2011 

US $47,755
Italy $44,664
Greece $42,028

It's amazing the benefits of having the worlds most manipulated markets...I mean, the worlds reserve currency...did I say that out loud?