"[In Italy,] continuing to do 'what has always been done' is not convenient: living on rents and clinging to the past would equate to a slow suicide,… - Alessandro Magnoli Bocchi

"[In Italy,] continuing to do 'what has always been done' is not convenient: living on rents and clinging to the past would equate to a slow suicide, because in the meanwhile risks would rise and the economy would get exposed to potential adverse shocks. If not challenged, the “I hope I get through” mentality will lead to shipwreck or irrelevance – which is the same". Original quote: "[In Italia,] continuare a fare ‘ciò che si è sempre fatto’ non conviene; vivere di rendita, aggrappati al passato, sarebbe un lento suicidio, perché nel frattempo i rischi aumentano e l’economia viene esposta a potenziali shock avversi. Se elevata a sistema, la mentalità dell’“io speriamo che me la cavo” porterà al naufragio o all’irrilevanza – che è lo stesso".

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About Alessandro Magnoli Bocchi

Alessandro Magnoli Bocchi (born 25 April 1968), is an Italian economist, investment professional and manager.

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Alternative Names: Alessandro Magnoli
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