I do apologize for blogging two days in a row, but my expat friend and Italy expert Nic Mudie stuck this piece in as a comment on a post. So thought I’d better put it where it belongs.
Here’s a new one for your Italian file, straight from the online pages of the Economist and the FT:
Burly Boy with his three governments has had, including a full 5 yr term, more opportunity to begin to set things aright in Italy than anybody else ( see below) .. The fact that he has not done so, is a not very handsome tribute to the political naivety of the Italians. He’s not the disease – just a symptom ; not that those can’t be nasty. Unfortunately there are still 10 million voters out there with the attention span of a gnat and the appetites and morals of a 14 yr old feral child. It beggars belief that some quite intelligent women are to be found in his political ( not domestic ) entourage . Maybe this is a comment on the misogynistic dinosaurs of the left, so the Gelminis, Santachès of this world can only have a political future as a Burly Boy handmaiden. It should be perfectly obvious but obviously is not , even to the self styled bien pensants , in Italy.that the constitution needs changing; especially re the senate and that the electoral law needs changing. Of all European nations Italy has the highest paid politicians and the greatest number of governments since 1945 (65 in all) and still counting (one lasted 9 days , two the eternity that is 11 days and two 12 days) . On the other hand it is quite possibly the worst run country in group that is much wider than just Europe. The conclusion that the entire polity, which was set up with the excesses of Fascism on the one hand and the fear of communist takeover in mind, needs a complete change is not one that most Italians seem able to draw. Until they do this mess will persist.
Tomorrow is the last, last well almost the last last for the last time critical day for Burly boy and his garden gnome plus Alpha No to see sense and realise that some kind of property tax is required. Otherwise 10 yr. spreads against 10 yr Bunds are going stratospheric as we look forward to an expensive, uncalled-for early election.
Gee, hope you all understood Nic’s cryptic message!