The loans are financing the socialist policies of Italy.
It’s not a loan if you don’t get paid back.
Italy hasn’t been paying the loans back they have just been going back for more.
The price for all the loans is their sovereignty.
Sounds like a lesson the US should take heed of doesn’t it.
So now it indeed looks like you’re back to justifying imperialism. I told you what the price for the loans is; they’ve merely yet to pay it. That’s why Italy has people like Monti installed by the EU; he’s on board with the program of total centralization.
And as for the USA, they actually respect countries’ sovereignty instead of trying to take them over via economic arm-twisting and socialism. For better or worse, the USA’s forgiven a lot of foreign debt. Don’t expect the EU and those who run it to do the same, even when they yell at the USA to do so.