2/25/13

About the Italian elections

Nonsense. Nothing will change. Forget about all the emotions in the financial press.

Italy has been and will continue to be dominated by the industrial power base of the north, the unions, and the guilds. The government is a humble servant to this power structure. The rest of the people get oppressed ...like in Spain, Greece, and France.

Concentrated power will never give up its turf. I have been there. I lived there. I studied there.

This is the main reason the ides of a united Europe does not work. Too many feuds of power. Like in the middle ages.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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