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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the conventional wisdom surrounding the current market frenzy by arguing that the AI revolution is not a bubble, reveal the competitive advantages enabling China to outpace both the US and Europe in real-world robotics and manufacturing, and dissect a progressive blueprint for the British economy designed to break the grip of financial orthodoxy, reform the gilt market, and counter systemic stagnation.