The vision of an Italian economist
A paragraph from the book “Words in Crisis” by Franco Tutino, professor emeritus of the University of Rome La Sapienza, anticipated what Italy is going through. He said:
“The ongoing epidemic of the health crisis we are facing recalls the great financial crisis in which banks and the entire economy have found themselves in recent years, and the effects of which we all continue to feel. The two crises have a lot in common: epidemics of very high violence, extreme rapidity of spread, little-known risks, and, above all, little considered – and for too long.
“Finance also has its viruses: these are the risks to which all operators are exposed – banks, companies, investors, savers. So directly or indirectly, all of us. A long eye, not a guess!”
The president of the CEI: Never turn away when the poor ask for help
Poverty is growing in Italy due to COVID-19, but aid from the Church is also growing despite its own financial problems. The long-standing discomfort of many Italians living in poverty has returned to the fore with the arrival of COVID. Their cry of despair, a bray to the sky, had almost died out tired of begging for help or for dignity, getting little help, too little, from the government.
The incidence of absolute poverty among the Italian population has more than doubled in the last ten years, and today it has risen to over 5.5 million, of which 1.137 million are children in poverty.
