curzio Malaparte

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