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The eurozone is officially in a double dip recession and is therefore a victim of falling tax revenues. So governments need to find new sources of revenue. What to do? Sell stuff. And in Italy, they were selling everything but the church. Now they are selling the church (sort of).
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Italy could easily sell its Renaissance Old Masters and get real good prices at Christies' or Sotheby's.
I collect barometers. Maybe they could put some of them on eBay.
it is the high time to re-invent the currency globally as these recession is unlike the 1930s where only one nation was impacted. This one will sink the entire world's economy. just another way to put it: we are all now interconnected so fall of one region indicates fall coming for the rest too! specially when we do our business in the same way.!
There is a purchaser for any good. And Europe has a lot to sell before getting down to movables and immovables. And It still has a large market for buyers for the goods it has on the window. Europe can still sell EU; it can still sell its marketing system (unreasonably outdated but still profitable); it can still sell its insurance/guarantee background(that's a long term investment depending solely on reliability); It can sell its dominance on arts (I was sitting in a Cafe in Montmartre, a streat artist came out and wanted to do my profile from paper cuttinf for 15 Franks. When I refused he really did abuse me saying I have no respect for Arts. Well, I am a painting graduate. I know my portrait from heart). All and all they can sell tradition and established ties.
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