27 February, 2013

Italy’s Election Results Are Bad News for All of Us | Brookings Institution

Italy’s Election Results Are Bad News for All of Us | Brookings Institution: Let me be blunt. The Italian election result is a triumph for fantasy and irresponsibility. It is quite bad news and no one knows what will happen next. It is possible to lay out several potential outcomes, with various degrees of damage to Italy, Europe, and the U.S. We can even handicap the odds of the outcomes, but we simply cannot know what will happen in this unprecedented situation.