All Eyes On Italy

Published: Dec. 1, 2016, 3:30 p.m.

It's rare for the world to worry about Italy. But Sunday's referendum has the global Establishment on the edge of its seat. The worst case scenario -- from the Establishment point of view -- is the vote going against the government, causing the Prime Minister to resign and be replaced by an anti-euro, anti-EU party that throws sends Italian banks into crisis and the European economy into chaos.