Italy: Political turbulence spooks global financial markets. The euro has fallen to its lowest value against the dollar in almost a year

I'm not following closely the situation even if I'm from Italy and that's because of the ridiculousness of the situation.

I could try and write something more detailed but the gist of it is this:

The government is unstable because the last vote have given equal percents to the three main coalitions.

Italy is going through a phase of diffuse unrest sure to a lack of trust in politics that only grew worse in the last 30 years, with a big acceleration in the last 5 years or so thanks to the party "5 stelle".

To give you an hint of their ideals:

• They don't want to be called party, but movement.
• They want to clean the swamp (exact wording).
• They feed into functional illiteracy like the right wing often have done in the past.
• They don't believe in anarchy but think that everyone voice should have the same weight (this is tricky to get why is wrong).
• They use internet add their main media channel.
• They're backed by a famous, and yet behind the scene, entrepreneur that had chosen a famous anti-establishment comedian to be the voice of the movement for several years.
• Sometimes around one year ago, the website of the movement had undergone an heavy "restyling" that effectively got also rid of every discussion or declaration written into it by members of the movement of any level of "fame" to the public. De facto removing any proof of controversial declaration with new declarations as well the voices opinion of their voting base.
• over different occasion they displayed openly to be happy to work with extremist party that are basically neo-fascist, at best strong nationalists.
• Basically anywhere of relevance (big cities with real problems) they won a local election they made zero progress or sometimes more damages than good.

I could go on but honestly it becomes more a list of embarrassing situations and I just keep remember how much I hate the I've had to leave the country of I wanted a future somehow acceptable for my kids.

Italy is destined to crash and crash hard unless someone "take control", the hard way I'm afraid, with good intentions to save the country instead of just clinging to power for the his/her personal profit.

I decided to stop looking for news after the last premier left saying "good luck to us all".

There aren't words more terrifying imho.