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RE: Why is everyone so bothered about the Italian Referendum?
Agreed. It all started going wrong when Monti was appointed. And in Greece that year they forced Pappandreau to resign and appointed a eurocrat there too. Pappandreau wanted a referendum to endorse the changes he was going to make, and at that time he would have won easily - and when people vote for something, they try very hard to make it a success.
Instead democracy was overturned, stuff was imposed and people pushed back because as far as they were concerned it was all illegitimate because undemocratic, so doomed to failure.
I remember when that happened. All this should be a lesson on why free markets are better than government and centralized bureaucracy...this mistake keeps happening, is it part of a larger social system? Like we common folk get free reign and build up a nice economy and the money control addicts move in and harvest...