Dear Readers, we have read a lot about the topic "Italy" in the last days. Lucas Daalder, Robeco's chief investment strategist, wrote a very good summary. Of particular interest is his analysis of the distribution of Italy's public debt. Contrary to what is often said, Italy is obviously not primarily indebted to its own countrymen. Major creditors are foreigners (35 per cent) and central banks (just under 20 per cent) This underlines Italy's potential for blackmail in the negotiations with the…