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IPFS News Link • Economy - International

A Global Recession Is Coming… and It Won't Be Pretty

• LewRockwell

We are always in doubt. What better place to go?

Today, a warning about why a global recession is now likely.

But first, an update on Sicily… where we've spent the last few days exploring.

Sicily is not exactly Italy. It sits in the middle of the Mediterranean, where every sleepy sailor or ambitious empire builder was bound to wash up. The Phoenicians, Greeks, Carthaginians, Romans, Byzantines, Arabs, Normans, Spanish, and French – all tried their hands at ruling Sicily. The Italians are only the most recent of the invaders.

A Visit to the Temples

We rented a little Fiat 500 to explore the island. It lacks power, but it is perfect for zipping around in tight places.

Yesterday, we visited Greek and Roman ruins. The Valley of the Temples at Agrigento is a marvel. It has one of the best preserved Greek temples in the world.

About two hours away is a Roman villa with some of the best frescoes ever discovered. Apparently, they were buried in a mudslide and were thus preserved for 1,000 years.


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