With the Italian elections, deglobalization has taken another step forward. A week before the elections, I asked you to imagine the worst and the worst happened. Gridlock. A hung parliament. But not quite in the way I thought. The two

Imagine the following result from the March 4 vote in Italy: either the populist Five Star Movement led by young Luigi Di Maio (he’s 31) or the conservative right coalition, led by Berlusconi (he’s 81) and firebrand Salvini, gets an

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