After Brexit, Time for Italeave?

Two weeks after Britain voted to leave the European Union, Italy is now the latest European nation to
come under the spotlight.
The country's financial sector is on the brink of collapse, and a referendum on constitutional reforms in
October has the potential to topple prime minister Matteo Renzi's government and cause an
unprecedented political crisis.
All of this has sparked fears that Italy could be the country to spark the eventual collapse of the
European Project, notably from notoriously bearish Societe Generale strategist Albert Edwards, who
describes Italy as the "weak point in the eurozone both economically and politically" in his weekly
Global Strategy note.
Italy's economy is so weak that it will eventually end up in a recession, which in turn will trigger
political discontent and the rise of populism. That will push Italians to follow the UK and vote to leave
the EU, setting off a domino effect across the whole of the continent, and eventually leading to the
decline and fall of the European Union