--- title: "Meaning & Key Takeaway of: Italy has piled up huge public debt…" description: "\"Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the reque..." image: "https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png" --- # Italy has piled up huge public debt because the successive… ![“Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.” quote by Mario Monti](https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png) [Download](https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png) [Open image](https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png) > “Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.” [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Governments overly focused on immediate public demands have accumulated large debts, compromising future generations. **In simple terms:** Short‑term appeasement leads to high public debt. Key Takeaway Balance current needs with long‑term fiscal responsibility. Themes public policy debt intergenerational equity Mood reflective serious Type policy philosophical When to use this quote - national budgeting - social welfare planning - future planning Key Concepts fiscal sustainability political pressure budget deficits Questions to Reflect On - How can leaders resist populist pressure? - What mechanisms ensure fiscal prudence? A Different Perspective Political realities often force short‑term solutions. ★ ★ ★ ★ ★ No ratings yet [Acting](https://sms4smile.com/quotes/about/acting/) [Against](https://sms4smile.com/quotes/about/against/) [Because](https://sms4smile.com/quotes/about/because/) [Citizens](https://sms4smile.com/quotes/about/citizens/) [Close](https://sms4smile.com/quotes/about/close/) [Debt](https://sms4smile.com/quotes/about/debt/) [Everybody](https://sms4smile.com/quotes/about/everybody/) [Future](https://sms4smile.com/quotes/about/future/) [Future generations](https://sms4smile.com/quotes/about/future-generations/) [Generations](https://sms4smile.com/quotes/about/generations/) [Governments](https://sms4smile.com/quotes/about/governments/) [Huge](https://sms4smile.com/quotes/about/huge/) [Interests](https://sms4smile.com/quotes/about/interests/) [Italy](https://sms4smile.com/quotes/about/italy/) [Italy Piled](https://sms4smile.com/quotes/about/italy-piled-1787030/) [Life](https://sms4smile.com/quotes/about/life/) [Ordinary](https://sms4smile.com/quotes/about/ordinary/) [Piled](https://sms4smile.com/quotes/about/piled/) [Please](https://sms4smile.com/quotes/about/please/) [Politics](https://sms4smile.com/quotes/about/politics/) [Public](https://sms4smile.com/quotes/about/public/) [Public Debt](https://sms4smile.com/quotes/about/public-debt-448599/) [Requests](https://sms4smile.com/quotes/about/requests/) [Successive](https://sms4smile.com/quotes/about/successive/) [Successive Governments](https://sms4smile.com/quotes/about/successive-governments-1787031/) [Thereby](https://sms4smile.com/quotes/about/thereby/) [Too](https://sms4smile.com/quotes/about/too/) [Up](https://sms4smile.com/quotes/about/up/) [Were](https://sms4smile.com/quotes/about/were/) [Willing](https://sms4smile.com/quotes/about/willing/) ## Related quotes > [I think, basically, what I'm good for is reading - a lot. I think I'll always be more of a reader than a writer,…](https://sms4smile.com/quotes/helen-oyeyemi/i-think-basically-what-i-m-good-for-is-reading-a-lot-i-think-i-ll/) [Helen Oyeyemi](https://sms4smile.com/quotes/author/helen-oyeyemi/) > [“Who are they now? They are the simplest version possible of themselves... They are out from under everything ever piled on top of them.”](https://sms4smile.com/quotes/philip-roth/who-are-they-now-they-are-the-simplest-version-possible-of-themselves/) [Philip Roth](https://sms4smile.com/quotes/author/philip-roth/) > [In the 1970s in New York, everyone slept till noon. It was a grungy, dangerous, bankrupt city without normal services most of the time.…](https://sms4smile.com/quotes/edmund-white/in-the-1970s-in-new-york-everyone-slept-till-noon-it-was-a-grungy/) [Edmund White](https://sms4smile.com/quotes/author/edmund-white/) > [As early as I can remember, I wanted to be a snowplow driver. When you grow up in the Rocky Mountains, like I did,…](https://sms4smile.com/quotes/kip-thorne/as-early-as-i-can-remember-i-wanted-to-be-a-snowplow-driver-when-you/) [Kip Thorne](https://sms4smile.com/quotes/author/kip-thorne/) > [Money is flat and meant to be piled up.](https://sms4smile.com/quotes/scottish-proverb/money-is-flat-and-meant-to-be-piled-up/) [Scottish Proverb](https://sms4smile.com/quotes/author/scottish-proverb/) > [One of the maddening ironies of writing books is that it leaves so little time for reading others'. My bedside is piled with books,…](https://sms4smile.com/quotes/mary-roach/one-of-the-maddening-ironies-of-writing-books-is-that-it-leaves-so/) [Mary Roach](https://sms4smile.com/quotes/author/mary-roach/) > [I had long ago become a creation, a public image made to be consumed, piled on top of a precarious shell of a little…](https://sms4smile.com/quotes/rob-lowe/i-had-long-ago-become-a-creation-a-public-image-made-to-be-consumed/) [Rob Lowe](https://sms4smile.com/quotes/author/rob-lowe/) > [The men have piled up in my past, have fallen trenchantly through my life, like an avalanche that doesn't mean to kill but is…](https://sms4smile.com/quotes/elizabeth-wurtzel/the-men-have-piled-up-in-my-past-have-fallen-trenchantly-through-my/) [Elizabeth Wurtzel](https://sms4smile.com/quotes/author/elizabeth-wurtzel/) > [My home has a split personality. Some of the rooms are very French antique. Think Aubusson rugs, turquoise ceramic jugs, sandbag pillows, and broken…](https://sms4smile.com/quotes/poppy-delevingne/my-home-has-a-split-personality-some-of-the-rooms-are-very-french/) [Poppy Delevingne](https://sms4smile.com/quotes/author/poppy-delevingne/) > [We're chipping away at our capacity for wonder. When hologram TVs eventually go on sale, they'll cost £20,000 and be bought only by those…](https://sms4smile.com/quotes/peter-baynham/we-re-chipping-away-at-our-capacity-for-wonder-when-hologram-tvs/) [Peter Baynham](https://sms4smile.com/quotes/author/peter-baynham/) > [I have an addictive personality. I was addicted to computer games... and then all that obsessive nature just piled into music.](https://sms4smile.com/quotes/chet-faker/i-have-an-addictive-personality-i-was-addicted-to-computer-games-and/) [Chet Faker](https://sms4smile.com/quotes/author/chet-faker/) > [I still feel very close to the people I wrote shows with and some of the people I toured with. I feel very close…](https://sms4smile.com/quotes/scott-adsit/i-still-feel-very-close-to-the-people-i-wrote-shows-with-and-some-of/) [Scott Adsit](https://sms4smile.com/quotes/author/scott-adsit/) > [in the place I am from ... a grave is topped off with a huge mound of loose earth - carelessly, as if piled…](https://sms4smile.com/quotes/jamaica-kincaid/in-the-place-i-am-from-a-grave-is-topped-off-with-a-huge-mound-of/) [Jamaica Kincaid](https://sms4smile.com/quotes/author/jamaica-kincaid/) > [Indeed, bull markets are fueled by successive waves of prior skeptics finally capitulating as their fears fade. Eventually, fear turns to euphoria, and that's…](https://sms4smile.com/quotes/kenneth-fisher/indeed-bull-markets-are-fueled-by-successive-waves-of-prior-skeptics/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [War, we are told, shapes character; it resolves the major questions of international politics, consolidates nations, and indeed, constitutes the principal factor in the…](https://sms4smile.com/quotes/elie-ducommun/war-we-are-told-shapes-character-it-resolves-the-major-questions-of/) [Elie Ducommun](https://sms4smile.com/quotes/author/elie-ducommun/) ## More by Mario Monti > [It is rather unusual for Italy to be at the forefront of pro-market initiatives.](https://sms4smile.com/quotes/mario-monti/it-is-rather-unusual-for-italy-to-be-at-the-forefront-of-pro-market/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant…](https://sms4smile.com/quotes/mario-monti/i-have-always-been-considered-to-be-the-most-german-among-italian/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long…](https://sms4smile.com/quotes/mario-monti/much-of-what-germany-and-france-have-done-in-the-rescue-of-greece-has/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [As to the question of elected or not elected, each member of the European Commission has been appointed jointly by the governments of the…](https://sms4smile.com/quotes/mario-monti/as-to-the-question-of-elected-or-not-elected-each-member-of-the/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [I am certain that most Germans have instinctive liking for Italy, just as Italians admire Germans for their many qualities.](https://sms4smile.com/quotes/mario-monti/i-am-certain-that-most-germans-have-instinctive-liking-for-italy-just/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [Growth in any individual European country has to be the result of policies for growth pursued in that country consistent with budgetary discipline.](https://sms4smile.com/quotes/mario-monti/growth-in-any-individual-european-country-has-to-be-the-result-of/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [I know this isn't a widespread view in the Anglo Saxon world, but I believe that much of the reconciliation between more centralized governance…](https://sms4smile.com/quotes/mario-monti/i-know-this-isn-t-a-widespread-view-in-the-anglo-saxon-world-but-i/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [There was in Italy a hidden demand for a boring government which would try to tell the truth in non-political jargon.](https://sms4smile.com/quotes/mario-monti/there-was-in-italy-a-hidden-demand-for-a-boring-government-which/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [My aspiration is not to be loved. It is that my government be respected and credible.](https://sms4smile.com/quotes/mario-monti/my-aspiration-is-not-to-be-loved-it-is-that-my-government-be/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [Italy even in the future will not need aid from the European Financial Stability Fund.](https://sms4smile.com/quotes/mario-monti/italy-even-in-the-future-will-not-need-aid-from-the-european/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [I believe that in Europe, we have a collective leadership.](https://sms4smile.com/quotes/mario-monti/i-believe-that-in-europe-we-have-a-collective-leadership/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on…](https://sms4smile.com/quotes/mario-monti/like-other-antitrust-agencies-we-make-our-assessment-of-a-merger-or/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to…](https://sms4smile.com/quotes/mario-monti/first-of-all-i-don-t-like-to-speak-about-austerity-i-d-prefer-to/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [Italy needed structural reforms to become more competitive.](https://sms4smile.com/quotes/mario-monti/italy-needed-structural-reforms-to-become-more-competitive/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [If the euro becomes a factor promoting Europe's drifting apart, then the foundation of the European project is destroyed.](https://sms4smile.com/quotes/mario-monti/if-the-euro-becomes-a-factor-promoting-europe-s-drifting-apart-then/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) [Explore all 42 Mario Monti quotes ](https://sms4smile.com/quotes/author/mario-monti/) ## More Acting quotes > [I actually think acting is a form of self-hypnosis. You have to be hyper, hyper aware of what's going on around you. You have…](https://sms4smile.com/quotes/julianne-moore/i-actually-think-acting-is-a-form-of-self-hypnosis-you-have-to-be/) [Julianne Moore](https://sms4smile.com/quotes/author/julianne-moore/) > [Many Republicans have always reminded me of professional WWF wrestlers. They come into the ring all pumped up and acting like they're invincible and…](https://sms4smile.com/quotes/paul-feig/many-republicans-have-always-reminded-me-of-professional-wwf/) [Paul Feig](https://sms4smile.com/quotes/author/paul-feig/) > [I'm a big fan of all the Boston guys that are acting - Matt Damon , Ben Affleck, Mark Wahlberg - they made a…](https://sms4smile.com/quotes/kenny-wormald/i-m-a-big-fan-of-all-the-boston-guys-that-are-acting-matt-damon-ben/) [Kenny Wormald](https://sms4smile.com/quotes/author/kenny-wormald/) > [Acting is a grind, just like music is a grind. Sometimes it takes longer than what you can give.](https://sms4smile.com/quotes/big-sean/acting-is-a-grind-just-like-music-is-a-grind-sometimes-it-takes/) [Big Sean](https://sms4smile.com/quotes/author/big-sean/) > [It was only when I started making short films in college and I was looking for girls to play the me-ish parts that I…](https://sms4smile.com/quotes/lena-dunham/it-was-only-when-i-started-making-short-films-in-college-and-i-was/) [Lena Dunham](https://sms4smile.com/quotes/author/lena-dunham/) > [Writing is something I took up rather than anything I had an inclination toward. I like acting -delivering someone else's message - but writing…](https://sms4smile.com/quotes/steve-martin/writing-is-something-i-took-up-rather-than-anything-i-had-an/) [Steve Martin](https://sms4smile.com/quotes/author/steve-martin/) > [I can still function when I don't have that balance I crave. I had a tendency to be precious about acting, thinking of it…](https://sms4smile.com/quotes/laura-regan/i-can-still-function-when-i-don-t-have-that-balance-i-crave-i-had-a/) [Laura Regan](https://sms4smile.com/quotes/author/laura-regan/) > [Actors don't hate acting. Most people don't hate acting! Whether you're a child mucking around with your friends or a grown up being paid…](https://sms4smile.com/quotes/liv-hewson/actors-don-t-hate-acting-most-people-don-t-hate-acting-whether-you-re/) [Liv Hewson](https://sms4smile.com/quotes/author/liv-hewson/) > [It was only when I went to acting school that I was like, "You are absolutely such a pigheaded freak show that you thought…](https://sms4smile.com/quotes/giles-matthey/it-was-only-when-i-went-to-acting-school-that-i-was-like-you-are/) [Giles Matthey](https://sms4smile.com/quotes/author/giles-matthey/) > [Once I committed to acting, this has been it.](https://sms4smile.com/quotes/ernie-hudson/once-i-committed-to-acting-this-has-been-it/) [Ernie Hudson](https://sms4smile.com/quotes/author/ernie-hudson/) > [It definitely helps to have the acting experience going into singing, because when you're singing, you have to portray the emotion you were feeling…](https://sms4smile.com/quotes/ryan-newman/it-definitely-helps-to-have-the-acting-experience-going-into-singing/) [Ryan Newman](https://sms4smile.com/quotes/author/ryan-newman/) > [The show was number one in the ratings, Gordon Russell was our head writer, the story lines were magnificent and the acting most exciting.…](https://sms4smile.com/quotes/michael-storm/the-show-was-number-one-in-the-ratings-gordon-russell-was-our-head/) [Michael Storm](https://sms4smile.com/quotes/author/michael-storm/) > [I've done so many other projects where you're in a room with a reader and you're acting your lines out: 'We have to get…](https://sms4smile.com/quotes/jim-cummings/i-ve-done-so-many-other-projects-where-you-re-in-a-room-with-a-reader/) [Jim Cummings](https://sms4smile.com/quotes/author/jim-cummings/) > [I do not believe in public shaming. I do believe that young adults go to college to learn things, and that this process will…](https://sms4smile.com/quotes/gene-weingarten/i-do-not-believe-in-public-shaming-i-do-believe-that-young-adults-go/) [Gene Weingarten](https://sms4smile.com/quotes/author/gene-weingarten/) > [Poetry has, in a way, been my bridge to my acting career.](https://sms4smile.com/quotes/omari-hardwick/poetry-has-in-a-way-been-my-bridge-to-my-acting-career/) [Omari Hardwick](https://sms4smile.com/quotes/author/omari-hardwick/) [Browse all 12,062 Acting quotes ](https://sms4smile.com/quotes/about/acting/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.", "creator": { "@type": "Person", "name": "Mario Monti" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/mario-monti/italy-has-piled-up-huge-public-debt-because-the-successive/", "about": { "@type": "Thing", "name": "Acting" }, "@id": "https://sms4smile.com/quotes/mario-monti/italy-has-piled-up-huge-public-debt-because-the-successive/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png", "contentUrl": "https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png", "url": "https://sms4smile.com/quotes/i/1b5/mario-monti-15813_acting_italy-has-piled-up-huge-public-debt-beca_163253.png", "width": 1080, "height": 1080, "caption": "“Italy has piled up huge public debt because the successive governments were too close to the life of…” — Mario Monti", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Mario Monti", "item": "https://sms4smile.com/quotes/author/mario-monti/" }, { "@type": "ListItem", "position": 4, "name": "Italy has piled up huge public...", "item": "https://sms4smile.com/quotes/mario-monti/italy-has-piled-up-huge-public-debt-because-the-successive/" } ], "@id": "https://sms4smile.com/quotes/mario-monti/italy-has-piled-up-huge-public-debt-because-the-successive/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```