Uncertainty is a familiar part of Italian politics, and investors are already looking at what a new government could bring.

A country with one of the scariest debt loads on the planet slips into political chaos. The market reaction: a shrug.

At first glance, it makes no sense that Italian bond yields edged lower after Matteo Salvini, leader of the populist, right-wing League party, provoked the collapse of the Italian government Tuesday.

Investors and economists have viewed Italy as a crisis waiting to happen because of its toxic combination of astronomical government debt, chaotic politics and dysfunctional economy. You wouldn't

Advertisement

Could the next government be more pro-business?

That may be wishful thinking

Why should anyone outside of Italy care about Italian politics?

Advertisement

What are the chances of a government able to fix the economy?