8 DECEMBER 2016 |
Of Silvia Morosi and Paolo Rastelli | @MorosiSilvia @paolo_rastelli
On a cold morning of the Immaculate Conception, the black soul of the Republic awakens. In the night between 7 and December 8th 1970 Prince Junio Valerio Borghese (former commander of the X Mas in the Republic of Salò, leader of the neo-fascist organization National Front, which stood out as summer gibilista, naval lieutenant and naval officer during the Second World War in command of the submarine Scirè, for the sinking of the English battleships Valiant and Queen Elizabeth in the port of Alexandria, Egypt on 18 December 1941) leads a coup attempt, defined in code Operation “Tora Tora”. The reference is to the anniversary ofJapanese attack on Pearl Harbor. Read More
The EU is in an existential crisis. Above all because of the enormous lies told in the past with the aim not of helping the various countries out of the crisis but rather of perpetrating the power in the hands of the Franco-German axis, with the aim of creating a supranational monster - the EU - capable of eventually replacing the USA in Europe, subservient to the interests of the dominant axis. A plan that dates back to the escape of the Nazis to South America 75 years ago; the revenge, as if it had been postponed to more propitious times.
The real problem is that the austerity imposed on the peripherals by 2009 It did NOT work and doesn't work, it only serves to drain wealth from the periphery to the center (the USA for example grows by 4% doing the perfect opposite). Greece is a textbook example: the IMF itself has recognized that austerity has done damage in Greece, that "they were wrong" in their calculations, that the fiscal multiplier was estimated badly with the result of collapsing the Greek economy without reducing the debt (has passed since 140% In the 2010 to approximately the 175% current, without the prospect of drastically reducing it for the next ones 20 years at least). Read More
The objective data is that in Italy, if Merkel doesn't like you, the EU and the IMF cannot be governed. Even if you have a parliamentary majority, a shared program, an appointed prime minister, the team of ministers. The fact, which emerged yesterday in its total drama, what should not be surprising but rather indignant is that those who would like to change the political situation are stopped by the strong powers. (n.d.r.) Skipped the Lega-M5s government, Italy remains under special observation. The differential between Ten-year BTPs e Bund tedeschi, although controlled by the quantitative easing of the Bce, it immediately began to expand beyond the 200 basis points after opening at odds 190,3 points against i 204 of the closing on Friday. The harsh institutional conflict weighs heavily, with the contractors who evoke theimpeachment for the head of state who he called to Colle Carlo Cottarelli with the intention of entrusting him with the task of forming a technical executive. Il yield on the ten-year bond Italian, who had come down to the 2,34%, he returned to the 2,43%. Read More
Of Maurizio Blondet
From what I understand, Mattarella doesn't want the ministers that the government alliance proposes to him. They say he keeps calling Draghi to get it, let's say, instructions or opinions: “Conti is fine?”. Draghi: For goodness sake, and who knows him. It’s incompetent. He's a technician (the media repeats: incompetent, too technical, he falsified his CV)
NOT COMPETENT ENOUGH.
Mattarella: “They propose Paolo Savona to me, accept it? Draghi: “From bad to worse, that is too competent. He is also one of the system, so we cannot attack him like a barbaric invader. Former general director of Confindustria and Minister of Industry in the Ciampi government, long years alongside Guido Carli, who as Treasury Minister signed the Treaty of Maastricht for Italy. Experienced. He knows too much. It would be able to pilot the agreed exit from the euro. He knows how to do it. It would put Merkel and Macron in difficulty in the negotiations. No no, really not".
TOO competent.
I media strombazzano: Paolo Savona is anti-euro, it's not good. We need a minister who is not critical of the euro, otherwise Europe feels offended. Others explain: Paolo Savona is inside the System, therefore in contradiction with populism. Rejected.
Mattarella vetoes.
President Mattarella takes his time. He continues to receive messages from so-called Europe: “Italy respects its commitments”; “President, do not allow the barbarians to destroy the splendid work we have done in Brussels".
One hundred and fifty German economists sign a fiery document in which they demand that Italy leaves the euro. Which demonstrates the state of mental confusion in which we have plunged them: prima, when the option of exiting the euro appeared in the Lega-M5S draft, everyone screaming that it's a scandal! And they force you to cancel that option. Then the same option appears with the signature of 150 German economists, and that's fine. And what does Mattarella do? Wait. He waits for Salvini and Di Maio to propose the right ministers to him. Right according to pro-Europeans and the media. It is clear that he would be happy if Salvini and Di Maio proposed to him: as chairman of the board, we absolutely want Gentiloni. As Minister of Economy, we choose on our own initiative, Padoan. To Foreign Affairs, Alfano. Faithful to Education… Read More
Of Giuseppe Masala
Source: Megachip
Beyond what may be the political and substantive judgments on the nascent so-called government yellow-green branded League e Five Star Movement It's truly impressive that when this is about to be launched it will come back into fashion Spread ghost, that is, the increase in the differentials between interest rates on Italian and German ten-year government bonds. This increase in spread in fact it would lead to an increase in the outlay that the Italian State must pay to place its securities on the market. A very delicate situation given the enormous public debt of the State which would tie the nascent government hand and foot, inhibiting its political action.
The first thing you notice is that this government would be in stark contrast to those we have had in recent years. In fact it would be the first government openly Eurosceptic and the result of the vote of a new social bloc: that of the discontented, of the people who have emerged defeated from globalization and the constant transfer of sovereignty to Brussels, impoverished and frustrated. It would also be the first government that sees the hitherto dominant and always strongly pro-European elite, move into opposition together with its reference parties.
A truly unprecedented situation which also saw a very violent barrage from newspapers and television stations in unison. Not by chance, we can see that these newspapers and televisions are entirely controlled by the very elite that risks being undermined. Read More
