Italian newspapers didn't publish this news.... maybe the government is afraid of the people's reaction about its blatant failure in reassessing italian economy?
It's all about "grab the loot and run": Italy is being robbed of all its wealth, not only the banks (which have they own faults) but also the state-owned companies, and the primary resources. everything is being sold out, and then the country will go bankrupt and the robbers will move to another country.

It is still not clear to many people --- including many naive people in media --- that the financial vampire is like Lord Voldemort.   It has caused so many wars and destruction in the past, and is now regaining its strenght for the new conquest.  And Voldemort has many enablers and servants.  Some serve knowingly, as the evil is in their blood, and cannot help it.  Others, out of fear for job, and yet others being convinced that it is the right thing to do.   But this time we many not be so lucky.  This monster we thought died in WWI.  Just before the war, it gained strenght,  imposed its rule over US with a naive academic Wilson, who gave the vampire the keys to our treasury.  Its collective stranglehold over France, England and UK, pushed feeble Austro-Hungarian Empire into an adventure, insuring its own demise.  The monster ravaged Russia though revolution, and in the end, triumphantly, rearanged the map of Europe and the world.  Voldemort was as the top of the world, and then came the inevitable:  by wanting more, brought the war on mankind.   So we thought it died in WWII, and it looked like for a while that the monster cannot reconsitute itself.  How wrong.  It came out of its cage when gold standard was abolished,  and has been gaining strenght ever since.  Again, the monster is at the top of the world, but it wants more, and more, and more.  This time, the monster may be too strong.   We may as well get used to living in the world without rules, and enjoy what we are tossed from the table above.  The vampire and his enablers will feast on our helplessness.

Now that Moody's is devaluating Western countries they are heroes on RT. Once they start devaluating Russia they will be Zionists working for the West. Same thing happened to Anonymous.

I wouldn't call it 1.9 Trillion worth of 'Public' debt  

I oftern wonder what would the "ratings" be, if Moody's valued the basic living conditions of the people surrounding the jurisdictions these fiat-currency institutions are located in or have financial authority in setting fiscal policy of who-gets-what and under what-conditions.It is quite misleading or inhuman to only rate the inner-bank profit-taking, while saying little or nothing about the conditions that bank policy have on the livelihoods of "supportedly" the bank's principle benefactors; the people and community!Yet, like the past 2008, financial crisis, it was the general population, that were summarily stripped of their assets just to make these banks and governments solvent again!Maybe, when Moody's and other financial monitors start expanding their reporting to include in a bank's healthy forecast, that it includes their business impact on the general health of the surrounding population-then I will start looking seriously at their rating metrixs otherwise who gives a @#it!