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Author Topic: Italian elections  (Read 1098 times)

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Varche

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Italian elections
« on: 28 May 2018, 13:17:09 »

There is a brake on democracy. The President and Brussels didnt like the finance minister so no doubt new elections in the autumn.

Not looking so good here in Spain either. He biggest of the corruption trials has just jailed a lot of people. In fact all the guests apparently at the former PP leaders daughters wedding. The issue is The current PP ( Conservatives) prime minister Rajoy gave evidence and said there wasnt a party slush fund yet there was. If there are elections C’s party will get in. They are centre right liberals.
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STEMO

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Re: Italian elections
« Reply #1 on: 28 May 2018, 15:16:16 »

Ok...I think I understand  :y

What's a PP and a C again?  ;D
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Sir Tigger KC

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Re: Italian elections
« Reply #2 on: 28 May 2018, 18:42:16 »

I think that there are dark forces at work in Italy to keep the 5 Star/La Liga coalition out of government.  :-\

Again they are to have an appointed PM and government ahead of fresh elections, but if the Italian public sense the hand of the EU behind all this they will vote strongly for the eurosceptic parties.  ::)
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Rods2

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Re: Italian elections
« Reply #3 on: 28 May 2018, 18:44:58 »

Southern Europe when they signed up to the Euro didn't realise or their politicians prefered not to look that the countries were being given Germany's short straw, with Greece, Portugal and Italy in that order the worst affected. Where the Euro is only half a currency where there are not pooled bonds for all the Euro area or current transfers from the rich to the poorer areas to alleviate the fixed currency value of 1 to 1 in place of exchange rates there were inevitably going to be boom and bust areas where the ECB interest rate is set for Goldilocks Germany, which works reasonable well for Northern Europe, not very well for France and badly for the rest.

As long as the badly for the rest hold down the value of the Euro against ROW currencies so German exports are competitive and it can run surpluses with the rest of the EU so Germany gets stronger and it progressively owns the rest of European assets and industry, nothing will change as small countries like the Baltics, Greece and Portugal can be thrown under an economic bus for German common Euro benefit, but Italy and to a lessor extent Spain are too big for that.

Italy growth since joining the Euro have been near to zero with sovereign debt steadily rising so they are now unsustainable. I suspect that the new 'populist' Putin backed parties will huff and puff on ending European sanctions with Russia as they all have to agree every 6 months to renew them and will go on a spending splurge in defiance of the ECB on the basis, we will go bust and are too big to bail or give us these concessions and like the 'weekend' ECB 'flexible friend' bank bailouts there will be the normal Brussel's fudge to keep the Euro slow car crash on the road, hoping that the Euro end of the road is far enough in the distance to be the next political generation's problem. All the while EU Europe is losing global market share at twice the rate the US is.
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STEMO

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Re: Italian elections
« Reply #4 on: 28 May 2018, 18:50:45 »

Have we all stopped hoping for a break up of the EU now? Is Europe sticking together preferable to it splitting into it's constituent nations, only to be threatened individually by Mad, Bad Vlad?
I can't keep up, me.
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Migv6 le Frog Fan

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Re: Italian elections
« Reply #5 on: 28 May 2018, 19:00:16 »

I would imagine the Italian President is taking orders direct from a hotline to Brussels.
The finance minister who he rejected, and which consequently stopped the anti EU coalition from forming a Govt. described the Euro as a "German cage" for the Italian economy.
His description was perfectly accurate and true, and of course the fools and dreamers in Brussels cannot abide anyone telling the truth.
It isn't over yet though, it will come back to bite them on the arse. Its just a matter of when.
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Rods2

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Re: Italian elections
« Reply #6 on: 28 May 2018, 19:24:42 »

Have we all stopped hoping for a break up of the EU now? Is Europe sticking together preferable to it splitting into it's constituent nations, only to be threatened individually by Mad, Bad Vlad?
I can't keep up, me.

The odds are still on a breakup with preeminent geopolitical expert George Friedman's money on this along several economists on the Euro breakup. Vlad's ideal scenario is for most EU countries to have Russian friendly government's and he is winning rapidly on that front in the countries that matter as follows.

1. Germany - Work in progress with Afd and SDP and will probabiy be a majority after next election. Nord Stream 2 big Vlad win.
2. France - Macon wants to make France their number one business partner.
3. Hungary - Russia's best EU buddy.
4. Austra - Going in the right direction.
5. Czech Republic - Russian friendly president.
6. Greece - Left-right wing coalition regular visitors to buddy Vlad.
7. Italy - Investments in populist parties paying off.
8. Netherlands - Not going very well since MH17.
9. Poland - Not much progress since WWII invasion & Katalyn plane crash wiping out their president & many politicians hasn't helped.
10. Spain - Russian mafia and oligarch law enforcement problems
11. Baltics - Hell will freeze over first.

UK seems to get upset when used as Vlad's poison test area & people that upset Vlad falling out of high rise block windows & now maybe clamping down on oligarchs & funny money.

US got loose cannon in the WH and hitting in the right direction sometimes, but with some self-inflicted scatter shots to self & Vlad.
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US Fracking and Saudi Arabia defending its market share = The good news of an oil glut, lower and lower prices for us and squeaky bum time for Putin!
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