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What if Italy stayed neutral during WW2 like Spain with Mussolini's regime staying in power until around 1966, essentially lasting almost as long as Spain under Franco? - https://en.wikipedia.org/wiki/Spain_during_World_War_II

How would its industries be affected by the time Italy (like Spain) undergoes its own transition to democracy? Also interested to know what happens to Libya in this scenario given its oil and plans to populate it with Italians.
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