In this final weekend kicks off the 6 Nations 2011! First meeting tomorrow while Wales-England debut against Ireland and Italy will play France, Scotland will follow. A tournament favorites who sees the reigning champions of France and England, as outsiders Ireland and Wales with Scotland and Italy as always to strive to avoid humiliating the "wooden spoon".
But nations tournament dell'affascinante protagonists are also stars of the European economic outlook.
Try, then, to play the tournament on the field of economics! First we must consider that Inghilterra Scozia e Galles costituiscono un'unica economia, quella UK. In realtà giochiamo un 4 Nazioni con protagoniste UK Francia Irlanda e Italia. Beh, se sia sul campo che in economia la Francia risulta primeggiare, le cose cambiano per gli altri partecipanti.
L'UK sul campo è una delle favorite con Inghilterra e Galles in prima linea. Ma sul lato economico, qualcosa sembra non andare. Alta disoccupazione, elevato debito pubblico, banche salvate dal governo, inflazione sopra il 3% dove il target della Bank of England è lo stesso della BCE al 2%, un forte piano di austerity con tagli alla spesa pubblica e non ultimo un forte contrasto tra banche d'affari e governo sulla regolamentazione bancaria e i pagamenti dei bonuses to the bankers.
Ireland is facing a tough crisis following the outbreak of the housing bubble and the subsequent rescue of banks by state. Result: public deficits and debt flown to unsustainable levels that forced the government to accept aid IMF-EU combined. The situation is very difficult, there is increasing unemployment in March will return to the polls, and many economists point to a restructuring of the debt despite the help. Finally Italy, who suffers from a high public debt, but draws strength from a content private debt, a very solid banking system that even at the height of the crisis did not need state aid. Weak point is the growth stops too long, the lack of structural reforms that increase productivity and not least the political crisis that threatens to fossilize the country's economy.
What emerges is that the capacity on the ground may be reversed in the economy, especially for Italy, which would be able to contend for the victory with France and UK! Ireland would sink risking the "wooden spoon" and even the best Brian O 'Driscoll could avoid it, even if the Irish spirit can be stronger than many difficulties. Surely not even the worst conditions may stop the inflationary consumption of beer by the Irish fans. Besides, in the spirit of rugby, a pint of Guinness is an institutional foundation!
So by Italian fans of the Azzurri, we hope that Italy in the field reflects the positve aspects of its economy but in the end the best economic situation in Europe, which can be translated sporting with the hope of seeing so much beautiful playing field and a lot of celebration in the stands but in the end Italy will win!
