Thursday, March 23, 2006

Italian Protectionism Hypocricy

The Italian government is upset that the French government have tried to block a take-over of a French company by a Italian company and so now they have tried to have "economic nationalism" condemned.

But this is the same Italian government that just pushed through tariffs on shoes from China and Vietnam. For Berlusconi, protectionism is fine as long as it gives Italian companies an advantage-but not when it gives them an disadvantage.


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