Now that the C-R coalition has won, I was looking for some info on their proposed policies and especially the so-called "parallel currency plan":
https://uk.reuters.com/article/uk-italy-election-currency/tuscan-rivals-in-italy-vote-spar-over-centre-right-currency-plan-idUKKCN1G61BH
This is the only real analysis I have found so far:
https://en.nikkoam.com/articles/2018/02/italian-elections-more-of-the-same-political-dysfunction
Anyone else have any thoughts or articles to share?
It would be interesting to see the parallel currency or flat-tax put to the test.
PS:
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Italian Election Analysis/Consequences
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- Lemon Slice
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- Lemon Half
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Re: Italian Election Analysis/Consequences
I'm not exactly sure what will emerge as coalition policies
http://www.bbc.co.uk/news/world-europe-43350507
but from my watching there doesn't seem to be any great hurry, i.e. time for reality to intrude
regards, dspp
http://www.bbc.co.uk/news/world-europe-43350507
but from my watching there doesn't seem to be any great hurry, i.e. time for reality to intrude
regards, dspp
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- Lemon Half
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Re: Italian Election Analysis/Consequences
This looks to be another protest vote following on from the Arab Spring, Brexit, Trump, Le Pen, Dutch...
Whether this new lot can do anything has lots of negative historical connotations going back to the time of Mussolini for 21 years the Italian ruler but then hung in the streets.
When new folk start talking about parallel currencies and tax cuts and all sort of other controversial stuff it usually means they want to keep every one busy while they figure out what to do.
Looking at the biggest Italian etf over the last 20 years:
https://twitter.com/0_ody/status/972228232379592704
it does not scream to me that this is the buying opportunity of a lifetime, but no one knows. Personally I still like Greece as an investment which ought to again benefit from the EU fears over what the Italians might do.
Regards,
Whether this new lot can do anything has lots of negative historical connotations going back to the time of Mussolini for 21 years the Italian ruler but then hung in the streets.
When new folk start talking about parallel currencies and tax cuts and all sort of other controversial stuff it usually means they want to keep every one busy while they figure out what to do.
Looking at the biggest Italian etf over the last 20 years:
https://twitter.com/0_ody/status/972228232379592704
it does not scream to me that this is the buying opportunity of a lifetime, but no one knows. Personally I still like Greece as an investment which ought to again benefit from the EU fears over what the Italians might do.
Regards,
-
- Lemon Half
- Posts: 6545
- Joined: November 8th, 2016, 11:33 pm
- Has thanked: 1580 times
- Been thanked: 993 times
Re: Italian Election Analysis/Consequences
Also looking at the Italian Government bond index there is no sign that any one cares much about the election:
https://twitter.com/0_ody/status/972451897780178949
Regards,
https://twitter.com/0_ody/status/972451897780178949
Regards,
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