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Special Episode: Thomas Fazi on the ECB, Pavel Durov, and America's End of Empire Moment

Multipolarity

CHAPTER

The ECB's Coercive Power in Crises

This chapter explores the European Central Bank's interventions during financial crises in Ireland and Italy, highlighting its role in enforcing austerity through coercive measures. It discusses the implications for national sovereignty and public trust, emphasizing the ECB's influence on fiscal policies and governance.

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