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Italy’s new populist government really might blow up the euro
Stop me if you've heard this one before: A populist government has come to power promising to do things it can't do if it wants to stay in the euro zone, yet it says it doesn't want to leave. That, of course, is what happened in Greece in 2015, and, as proof that the euro crisis never really ends but, rather, takes a break for a while, that is what is happening in Italy right now. The question, then, is whether this brewing confrontation will turn out any differently than the last one, or whether Europe's threat of financial ruin will be enough to coerce Italy's radicals into becoming the barely willing executors of ... (full story)
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