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Thing One: Bunga Bungle: Italy’s politics have almost literally become a clown show, and they’re threatening to plunge Europe and the rest of the world right back into the nightmare circus of the debt crisis.
Early Italian election results on Monday showed a nearly perfect stalemate between three incompatible political camps, two of which are run by actual or figurative clowns: A protest party led by the comedian Beppe Grillo, and the right-wing populist party of the hustler sex zombie Silvio Berlusconi. The third wheel on this clown car is a center-left party that might have actually demonstrated some governing competence, but which now may have to do business with its antithesis, Berlusconi, in order to head off a re-vote that could result in a landslide for Grillo, Bloomberg writes.
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