"We Have Capitalism for the Poor and Socialism for the Rich" - Mark Blyth
TRIGGERnometry
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Italy's Economic Dilemma in the Eurozone
This chapter explores the challenges Italy faces with high debt levels and the implications of being part of the Eurozone without its own currency. The discussion highlights the risks of dependence on the European Central Bank, the potential for economic instability, and the rise of populism in the EU. It ultimately questions the viability of maintaining a currency union that fails to address the diverse economic realities of its member states.
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