Italy – economic doldrums

Italy is facing calls internally to exit the euro, or even the EU, as its economic situation continues to stutter along with no growth, and youth unemployment figures in the south are way over 50%. They are in no shape to face another global recession and the constraints of EU policy make it impossible for them to pull out of their dire situation without a debt default.

The Bank of Italy chart 10 Aug 1893 is panicking madly this year with the tr Saturn square tr Neptune hitting on the Pluto Neptune conjunction in Gemini square a financial Venus; with tr Neptune continuing next year  to oppose Venus and square Neptune – so all uncertain, swampy, disappointing.  The major disruption comes in 2018 with a Solar Arc Uranus square Pluto. So no fast or easy solutions.

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