Shepherdson: Italy a Long-Running Story of Uncertainty

The video discusses the Italian referendum, highlighting the political instability in Italy due to numerous parties and coalitions. It explores the potential outcomes of the referendum, particularly its impact on the banking system and political landscape. Despite the dysfunction, Italy often finds a resolution. The historical context of Italy's post-war Constitution is also examined.

What are the potential outcomes of the referendum mentioned in the text?

Discuss the historical context of unstable governments in Italy.