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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the gathering financial and political storm in France, expose the self-defeating mechanics of European austerity, and reveal the dangerous escalation of ‘war fever’ across the continent, where hybrid-war narratives and NATO-Russia tensions threaten to drag an economically fragile, unprepared Europe into a devastating pre-1914 style conflict.