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Breakingviews - Cox: The big Italy short was hiding in plain sight

Trending story found on www.reuters.com
Breakingviews - Cox: The big Italy short was hiding in plain sight
(Reuters Breakingviews) - The marriage of politics and finance in Italy regularly produces strange offspring. But a suggestion, floated over the weekend in the country’s most-respected newspaper, of a James Bond-style plot by some big investors to sink Italian financial markets added a new twist. More curious was the theory’s abrupt disappearance by Monday. The episode highlights the degree to which Europe’s most chaos-resilient economy has entered a risky new paradigm with the arrival of the most populist government since the Italian Republic’s founding in 1946.
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