Friday, February 25, 2011

Italy is losing its most valuable colony

Try to line up four facts dated February 23, 2011. 1) Il Giornale, the daily close to the Italian Government, writes: "But come on, it's time that Eni Mattei - luckily, I'll add - obtains resources from countries mainly governed by authoritarian regimes. It will also be cynical, but there is a relation of symmetry between the huge natural resources and simplified forms of government excess.

" (Readers are advised to write down the words "simplified forms of government excess"). 2) Foreign Minister Franco Frattini said the Corriere della Sera: "The problem is that Libya's Gaddafi to hand do not know anything else. (...) In Libya, Cyrenaica, as we know, there are the tribes: we have no idea who they are those of the tribe.

" He adds: "We know what to expect when he comes down the country Libya system: a tidal wave of 200-300 thousand migrants." 3) On Free, another pro-government newspaper trend, Magdi Allam writes about the Arab dictators: "We have agreed to anything and everything just to get in exchange for guaranteed supplies of oil and gas deposit in our banks SWFs (...) the entry of their capital in our businesses in difficulty.

" 4) The chairman of Pirelli, Marco Tronchetti Provera resigned (without saying why) Advisory Board (advisory committee) of the Libyan Investment Authority, the financial arm of Gaddafi, which holds stakes in Western companies for about $ 70 billion (with the prominent on the majority stake of UniCredit, the first Italian bank, and rich packages in Eni and Finmeccanica, but also in Juventus and in the Financial Times).

Now read these four elements in the light of some figures. In 2010 Libya's gross domestic product is estimated at approximately $ 70 billion, about one-thirtieth of that of Italy, which has 60 million inhabitants, compared to 6: then the gross domestic product per capita is about one third of Libya's that of Italy.

Libya sells to Italy (and other) oil and gas. Gaddafi has never stopped doing it, not even the beginning of its revolution, sent away from Tripoli, but no Italians Eni from its wells. In the years 2007, 2008 and 2009, the Gaddafi regime has accumulated a trade surplus with Italy of 35 billion dollars.

What did all that money? Not used them to make the subjects feel better, seeing as they are angry with him. Instead they reported in the West, for example, used them, in part, to help the Agnelli family to keep alive Juventus (no need to know the tribes of Cyrenaica to imagine how much they liked, less than a day Frattini did not discover any oasis in the Libyan tribes Juventus).

From the above we can deduce a hypothesis of neo-colonial model: the tyrant guarantee oil supplies to the West, which are a bit 'care a bit' of time now, but addresses the issue by returning with his left hand the billions dollars that it takes with the right. Investing in Western companies, always hungry for capital (particularly in Italy) and buy weapons from our specialized factories.

The weapons he needs to keep in check his people, and to prevent such mass that they are in Italy to try to recover $ 35 billion of those above. Conclusion. The concern of the Italian government and almost all other parties of the majority and opposition, may have a brief explanation. We are losing our most valuable colony.

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