August 16, 2007 - Vincenzo Visco, Italian Deputy Finance Minister, has declared that "the current crisis was born out of the internet bubble," according to Corriere della Sera, and that "the problem is to control the instability of the system - after the Bretton Woods conference (system), we moved to increasingly exposed regimes. There is actually a problem of controlling global finances. Here the alternative is between the safety of financial markets and the enrichment of some managers who run such products, that can end up in the porfolio of common citizens."
The Italian Chamber of Deputies passed a resolution in 2005 calling on the Italian Government to convene a New Bretton Woods Conference, and the Italian Senate has entertained similar resolutions over recent years, with direct input from Lyndon LaRouche and his associates.