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Beppe Grillo Surges in Last Minute Rush; Is That a Good Thing?

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Saturday, February 23, 2013 1:39 AM

Reader “AC” who is from Italy but now lives in France informs me that the Italian elections this weekend are getting even more interesting.

Specifically, “AC” writes “Grillo claims 800,000 assisted at his closure meeting in Rome with another 150,000 via streaming. My feeling is that there will be a huge turnout for Grillo in the election“.

Joe Weisenthal on the Business Insider writes “I Have Seen The Scariest Chart In Europe“.

The chart Weisenthal refers to is from Google Trends. It shows a surge in searches on Beppe Grillo. Weisenthal says …

 Grillo is a comedian-turned-politician who is doing shockingly well the Italian elections (coming up this Sunday and Monday) by running on an aggressive anti-bank, euro-skeptic platform.

He’s capitalizing on the deep frustration that exists in Italy due to the weak economy, and the perception that the current government is too corrupt and cozy with banks. Were he to gain a sizable block in the upcoming parliament, he represents a pretty serious threat.

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