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Renzi Loses Italian Referendum: Disintegration of European Union & Euro...


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2016 Dec 4, 2:25pm   2,811 views  11 comments

by AllTruth   ➕follow (0)   💰tip   ignore  

...marches on.

The Euro will be below $1, down to as low as .88 cents, within 6 months.

Huge defeat for Establishment.

5Star Party in Italy will gain most seats in Italian Parliament.

Marine Le Pen will become next French President.

The idiotic European Union experiment will die soon, thankfully.

#EUdeath

Comments 1 - 11 of 11        Search these comments

1   HEY YOU   2016 Dec 4, 2:37pm  

Trump Wins! Disintegration of america!

2   AllTruth   2016 Dec 4, 2:38pm  

"Rome (AFP) - Italian voters on Sunday overwhelmingly rejected constitutional reform proposals on which Prime Minister Matteo Renzi has staked his political future, exit polls suggested.

https://www.yahoo.com/news/italys-renzi-loses-referendum-constitutional-reform-exit-polls-221129314.html

"Polls for national broadcaster Rai and the La7 television channel both called the vote for the No camp by a margin of at least 54 percent to 46 percent for the Yes camp, and by an average of 56.7-43.3 percent.

The projected result was in line with what opinion polls had been indicating up until November 18, after which the media were banned from publishing survey results.

Renzi, who had vowed to resign if he lost the vote, was due to make a statement at his Palazzo Chigi official residence around midnight.

The defeat and Renzi's likely departure will plunge Italy in a new phase of political uncertainty and possible economic turmoil.

Presuming Renzi does step down, President Sergio Mattarella will be charged with brokering the appointment of a new government to run Italy until the next general election, which has to take place by the spring of 2018.

The main opposition parties had all gone into the referendum insisting that there should be early elections if the referendum proposals to streamline Italy's parliament and transfer powers from the regions to the national government were defeated."

3   AllTruth   2016 Dec 4, 2:41pm  

Disintegration of European Union, which is inevitable, will happen faster now.

This has NOTHING to do with U.S.

3 recent events (soon to be a 4th) prove the people are winning the war against the Elites/Globalists:

1) Brexit

2) Trump

3) Italian Referendum Today

(4) French Upcoming Elections (where Hollande nor Sarkozy will even run for President)

4   zzyzzx   2016 Dec 4, 5:07pm  

Italian Pepe:

5   MisdemeanorRebel   2016 Dec 4, 5:34pm  

Big defeat - exit polls are like 20% for no on the referendum. Looks like Renzi is staying true to his word and resigning, so looks like Italy will vote soon.

Italy exit next. Looking forward to it, since the cost of living in Italy has skyrocketed.
AllTruth says

(4) French Upcoming Elections (where Hollande nor Sarkozy will even run for President)

Hollande is a fucking joke, a real man of straw bureaucrat type. I think Le Pen will win the first round, the second will be tough.

Ex-PM Cameron says Le Pen would be a 'disaster', so Vive le France and vote for her.
http://www.independent.co.uk/news/uk/politics/marine-le-pen-victory-in-french-elections-would-be-body-blow-to-europe-says-david-cameron-a7453571.html

By the way, anybody been in communication with the Media's Extremist Determination Committee? Is Le Pen really far right, instead of just 'right'?

I don't see how what she proposes would be controversial in Gaullist France of yesteryear.

6   AllTruth   2016 Dec 4, 5:39pm  

Le Pen is pretty right, but not nearly as right as her father was.

She's similar to Trump in that she's very populist and anti-Establishment.

I think that the odds of a Frexit are growing more likely with each passing day, and the smart money is now on an Italexit.

7   Patrick   2016 Dec 4, 5:47pm  

Looks like Italy did hit the Euro a bit today.

01:42 UTC is 5:42pm in California.

8   Heraclitusstudent   2016 Dec 5, 5:20pm  

Thunderlips is Tovbot2 says

By the way, anybody been in communication with the Media's Extremist Determination Committee? Is Le Pen really far right, instead of just 'right'?

Doesn't matter.
1 - she is against immigration and that proves she is a racist.
2 - her father was a racist, and that proves she is a racist.

9   Heraclitusstudent   2016 Dec 5, 5:25pm  

No one here should rejoice about the failure of this referendum.
Making Italy's government more efficient was certainly not a bad idea, regardless of anything else.
Making Italy paralyzed and weak benefits no one.
The Euro is dying a slow death, and when events accelerate and the SHT legendary F, every one will feel the stench. In the meantime Italians get the short end of the stick.

10   MisdemeanorRebel   2016 Dec 8, 9:45pm  

anonymous says

Italians Vote “No,” Renzi to Resign, Banking Crisis Now Looking for Taxpayers.

Or, the centralization was the lead up to ram shit sandwiches down the throats of the inhabitants of Italy, without pesky regional governments getting in the way.

Maybe let the banks fail. Banks have failed royally in France and Britain in the 19th Century by the bushel, and suddenly, nothing happened. A few undiversified entities and people lost their shirts, but within a year or so it was like nothing happened.

There was already a financial crisis not a decade ago. If the banks didn't push to reregulate themselves, fuck 'em. I guarantee you letting banks collapse, or managing their bankruptcy with investors being forced to eat shit sandwiches (it is THEIR responsibility to oversee management) instead of spreading the pain most heavily on those at the bottom who are the least likely to have had any share in the profits.

From the article, it looks like the Neoliberals want the public to eat the shit sandwiches prepared by the Investors, from Qatar to JP Morgan. No, fuck them.

Jesus, these guys will make major Constitutional reforms just to prop up their supporters.

"Find whomever is not allowed to fail, no matter how much disruption in the socio-economic order it creates. Those are your Masters."

11   MisdemeanorRebel   2016 Dec 16, 8:40am  

.anonymous says

Hundreds of thousands of ordinary Italians have invested in shares and bonds of local banks. The capital raised would be used to cover the bank for losses it would book in selling the troubled loans.

Out of Tens of Millions. In other words, dick over 90% of the population to help 10%.

Make the investors and shareholders eat a shit sandwich. Since when are investors entitled to big profits on one side, but sheltered from big loses by taxpayers on the other?

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