By Clemente Maria Apollonj Ghetti

the 1st a part of the research is devoted to the united states financial system from the tip of the second one global conflict to the current time; similarities and alterations among the situation of 1929 and the present one are tested. the second one half is devoted to Italy and Europe and, to begin with, to the Euro. benefits and downsides of the hot foreign money are debated. so far as Italy is anxious, because the creation of the Euro, it has skilled an extended interval of stagnation. the recent foreign money is evidently not less than a part of the matter. on the finish of the learn, 3 attainable suggestions to the main issue state of affairs are tested in reducing order of choice. the 1st is the reform of the Euro and of the ecu significant financial institution which must have an identical powers as some other significant financial institution. the second one could see Italy and, maybe, different international locations, depart the Euro. The final and the main disadvantageous will be to play in addition to Germany and undertake drastic fiscal measures to create exchange surpluses on the fee of a few international locations.

Clemente M. Apollonj Ghetti used to be born in Rome at the twenty seventh June 1998. He attended Italian fundamental faculties in Rome, from 2004 until eventually 2013, whereas he grew to become self-taught in economics. while he used to be simply 15 years previous, he wrote this publication throughout the summer season. In November 2013 he offered functions and was once admitted to draw back university, one in all England’s oldest and such a lot extraordinary faculties. He all started attending within the current educational yr 2014-2015 the decrease 6th shape. on the Prize Day of might 2015, on the finish of the varsity 12 months, he has gained the prize for Economics.

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