{"id":6825,"date":"2013-02-28T14:51:57","date_gmt":"2013-02-28T19:51:57","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6825"},"modified":"2013-02-28T14:51:57","modified_gmt":"2013-02-28T19:51:57","slug":"an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/","title":{"rendered":"An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns"},"content":{"rendered":"<p>An Italian reader of Credit Writedowns explains:<\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>With this [Monte Paschi] scandal people started to realize that the right (Berlusconi\u2019s party) and the Left (Bersani\u2019s PD) are equally corrupt and are in politics to do favours for their friends&#8230;&#8230;.People voted for Grillo because they are sending a message to Bersani and Berlusconi: \u201cgo home\u201d.  They have ruined the country in the last 20 years.<\/p><\/blockquote>\n<p>Read more of this entertaining insight into Italian politics <a href='http:\/\/www.creditwritedowns.com\/2013\/02\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo.html#.US8rTn_mcY9.twitter'>An Italian voter speaks out on the real reasons Italians voted for Grillo | Credit Writedowns<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Italian reader of Credit Writedowns explains: With this [Monte Paschi] scandal people started to realize that the right (Berlusconi\u2019s party) and the Left (Bersani\u2019s PD) are equally corrupt and are in politics to do favours for their friends&#8230;&#8230;.People voted for Grillo because they are sending a message to Bersani and Berlusconi: \u201cgo home\u201d. They &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[419,1919,2668,3126],"class_list":["post-6825","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-bepe-grillo","tag-italy","tag-pier-luigi-bersani","tag-silvio-berlusconi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns - the patient investor\" \/>\n<meta property=\"og:description\" content=\"An Italian reader of Credit Writedowns explains: With this [Monte Paschi] scandal people started to realize that the right (Berlusconi\u2019s party) and the Left (Bersani\u2019s PD) are equally corrupt and are in politics to do favours for their friends&#8230;&#8230;.People voted for Grillo because they are sending a message to Bersani and Berlusconi: \u201cgo home\u201d. They &hellip; Continue reading &quot;An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-28T19:51:57+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns\",\"datePublished\":\"2013-02-28T19:51:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\"},\"wordCount\":105,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Bepe Grillo\",\"Italy\",\"Pier Luigi Bersani\",\"Silvio Berlusconi\"],\"articleSection\":[\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\",\"name\":\"An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-02-28T19:51:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/an-italian-voter-speaks-out-on-the-real-reasons-italians-voted-for-grillo-credit-writedowns\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"An Italian voter speaks out on the real reasons Italians voted for Grillo &#124; Credit Writedowns\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Rather than ECB bond buying\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5439,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/12\/conversation-with-bridgewater-associates-ray-dalio-credit-writedowns\/","url_meta":{"origin":6825,"position":1},"title":"Conversation with Bridgewater Associates&#039; Ray Dalio &#124; Credit Writedowns","author":"Colin Twiggs","date":"September 12, 2012","format":false,"excerpt":"The video below is an in-depth full hour-long segment and well worth watching. Notice that Dalio sees the credit accelerator as a key component adding to aggregate demand and the key component that creates instability in that demand. Unlike traditional econometric models that do not use the debt and credit\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/SFaRazMpxcM\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1363,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/chart-of-the-day-greatest-credit-deterioration-focus-belgium-spanish-banking-credit-writedowns\/","url_meta":{"origin":6825,"position":2},"title":"Chart of the day: Greatest Credit Deterioration Focus &#8211; Belgium, Spanish banking | Credit Writedowns","author":"ColinTwiggs","date":"October 17, 2011","format":false,"excerpt":"As I said in July, I expect contagion to be a real concern regarding the dithering policy approach. I believe the sovereign debt crisis will continue to deteriorate further for just this reason. .....So, what happens is that the crisis rolls through. More and more countries in the euro zone\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2564,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/06\/buiter-no-politically-feasible-route-to-sustained-growth-for-many-years-to-come-credit-writedowns\/","url_meta":{"origin":6825,"position":3},"title":"Buiter: no politically feasible route to sustained growth for many years to come | Credit Writedowns","author":"ColinTwiggs","date":"December 6, 2011","format":false,"excerpt":"Citigroup chief economist Willem Buiter: There really is no politically feasible route back to sustained economic growth through monetary and\/or demand stimulating policies for the EA, the UK, the US and Japan, for many years to come. As regards demand stimulus, expansionary fiscal policy will not be punished by the\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1611,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/the-creeping-eurozone-credit-crunch-credit-writedowns\/","url_meta":{"origin":6825,"position":4},"title":"The Creeping Eurozone Credit Crunch | Credit Writedowns","author":"ColinTwiggs","date":"October 27, 2011","format":false,"excerpt":"During the 1997 Asian financial crisis, Japanese banks, getting killed with a falling Nikkei and their credit extended to Thailand and Indonesia, found that rolling off interbank lines to Korea the easiest way to shrink their balance sheets. American and European banks, not wanting to be the last out of\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1325,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/13\/roubini-moving-from-the-post-bubble-post-bust-economy-to-growth-credit-writedowns\/","url_meta":{"origin":6825,"position":5},"title":"Roubini: Moving From the Post-Bubble, Post-Bust Economy to Growth | Credit Writedowns","author":"ColinTwiggs","date":"October 13, 2011","format":false,"excerpt":"It is not only the U.S. economy that is in peril right now. \u2026Europe is struggling to prevent the sovereign debt problems of its peripheral Euro-zone economies from spiraling into a full-fledged banking crisis\u2026 Meanwhile, China and other large emerging economies\u2026 are beginning to experience slowdowns\u2026Nor is renewed recession the\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6825"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6825\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}