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Italy votes for instability

The political drama is obscuring a deeper problem with the economy

By George Magnus  

(161205) -- ROME, Dec. 5, 2016 (Xinhua) -- Italian Prime Minister Matteo Renzi speaks during a press conference in Rome Dec. 5, 2016. Matteo Renzi on early Monday announced resignation, as exit polls showed the Sunday referendum opposed constitutional reforms. (Xinhua/Jin Yu) (hy) (Photo by Xinhua/Sipa USA)

In at least three respects, the decision by Italian voters to reject Prime Minister Matteo Renzi’s constitutional reform proposals in a referendum differs from Brexit and Donald Trump’s election. First, the opinion polls got…

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