The great recession … why do we have this problem ? (2)

March 12th, 2013 by massi

The Great Recession

By Massimiliano Della Porta (1994) LSP Assisi / Italy

Photo taken from

One of the most important events that are changing the world at the moment is the great recession. It started in 2008 after the American financial crisis of 2007. Because of globalization the problem spread around the world in a very short time, particularly harming Europe.
Even if it is very complicated to explain the causes and the facts that characterized this event that is still affecting our society, it is important to understand why it is happening.
Speaking in a very general way we can say that since the 90s there have been two opposite poles of behavior. One is the American, characterized by an exaggeration of greed; in fact the Americans, confident of having great economical and financial systems became more and more indebted with the banks, which in turn started to become indebted to other banks and societies using the debts as warranty to buy stocks or shares. Of course the people could not pay all the debts and after a while the system cracked.
The opposite pole is the Chinese one, which had an economical system that did not help the citizens in any way, so that they were forced to not spend. So there was neither a social nor an economical development. The industries that are in China are all property of foreign multinationals. So the government has no money.
The general problem is that there is no balance between the two systems, or rather there has been no balance for a long time.
Speaking on a global level … someone spent too much money and someone too little!
After the crack of the American bank Lehman Brothers, the European banks found themselves in a liquidity crisis. So in a short time unemployment increased, the possibility of spending for the families decreased, favoring saving and reducing demand on the global market.
But now?
Now there’s not much we can do because we must pay higher taxes to try and solve the situation. It could be a positive thing if it solved the problem but unfortunately it often happens that people cannot find the money to pay for things that are becoming more and more expensive like school or health. The worst problem is that the perspectives for the future are less and less encouraging, especially for young people.
Today, for us, choosing a university course is becoming more and more difficult because we don’t know the direction the global economy will take and the working opportunities are not clear at all.

French, Italian or both?

March 14th, 2012 by massi

By Massimiliano Della Porta, LSP Assisi/Italy.

My father is Italian and my mother is French so I have a dual nationality. I have always lived in Italy but I speak both Italian and French because when I was younger my mother always spoke French to my sister and me.

Ever since I was a child I have felt 100% Italian but last summer i had started an experience that has completely changed my life. On August 28th I went to France to attend a school in Brignoles, the city where my grandparents live. A few days later, when the school began I started to discover a new world, new people, new ways of thinking. I think that I must thank these people because they enabled me to grow up. They helped me at school and showed me the most intimate side of France. They also taught me that I am not only Italian but also French! The roots of my mother must not be forgotten because now i know they are also mine!

I stayed in France for four months, a period that, I think, has made me better; now I love France and Italy at the same time and I follow the news of the of the two counties because I need something that links me to France from here. All my French friends are in contact with me and we are planning our summer holidays together because I must go back to France to feel better. Finally I know, thanks to this experience, taht I belong to Italy and France. I am a “Francehitalian” 100%!

To conclude I think that European identity is this: we must feel citizans of Europe. Of course I am helped because of my dual nationality, but I believe that one of the main purposes of the Comenius programs is the: to learn how to be European.

We must share our cultures to become stronger. It is very important, especially in this period of crisis.

Don’t you think that feeling European rather that Italian, German, Polish, Austrian, Lithuanian, Turkish or Spanish, can improve us and our countries?

By Massimiliano Della Porta, LSP Assisi/Italy.

Hello world!

January 9th, 2012 by massi

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