Doug Ross: Italy bigger problem than Greece.

Berlusconi now has seven days to repair that machine. If he cannot muster an additional eight votes by Nov. 15, his government will fall in a scheduled confidence vote. That would push Italy into an election at a time when markets are waking up to the fact that it is not Ireland or Spain or even Greece that is the biggest threat to the eurozone. It is Italy.”

 

 

Stratfor Research: Italy has seven days to avoid an “immediate and catastrophic” financial meltdown.