Giulietto Chiesa, an Italian editorialist and former Member of the European Parliament, made the point that deals among governments will mean liXle when the people of Europe rise up, like in Greece and Spain and soon also in Italy. In the recent local elec.ons, 10 million Italians voted against Mario Mon.'s reforms. Thus, Italy could reach the level of Greek chaos in October of this year. The eurozone woes mark the end of the European social pact, and that's perhaps the greatest threat to democracy and freedom. One should not forget that the crisis started in the US and that the current model of capitalism originated in North America. When one looks at the way global. markets work, one wonders who is in charge of the world economy. Who has the power to decide
the fate of states and peoples? Ra.ng agencies? LiXle wonder that the people are rebelling against
the ruling elites.