…commitments to EU and NATO are now working in tandem to destroy Italians’ standard of living – a long-running process that is now being sped up…

 Italy’s economy and foreign policy are controlled by the EU and NATO, respectively.  Meloni did nearly everything the EU wanted. She declared fealty to the EU and NATO, broke campaign promises in order to scale back meager social spending plans, and appointed pro-EU Atlanticists to key positions like economy minister and foreign minister. But the EU always wants more.

Italy is the only eurozone country that is yet to ratify the ESM reform with many in the country fearful that it would increase the risk of a restructuring of Italy’s national debt, the loss of what little economic sovereignty Italy has left, and a further deterioration in standard of living.

Despite campaigning as a nationalist, Meloni backed down when she first formed her government. We’ll see how she proceeds now in her standoff with the EU that wants more control over the Italian economy.

https://www.zerohedge.com/geopolitical/italy-eu-collision-course-economic-conditions-worsen