Macro N Cheese

How The West Was Lost with Thomas Fazi

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Synopsis

**On Tuesday evening we’re gathering for a listening party and discussion of this episode of the podcast. Get the Zoom link here https://realprogressives.org/event/macro-n-chill-284/  If anyone still thinks adopting the Euro was a good idea, this episode should set you straight. Writer and journalist Thomas Fazi joins Steve to talk about the critical issues surrounding the European project, beginning with elite reaction to the recent election of Marine Le Pen in France, which Thomas calls a script that, as an Italian, he has seen play out many times: “And that is one where as soon as a “populist” or “anti-establishment” government comes into power, or has a good chance of coming to power, as Le Pen does now ... then the kind of democracy-proofing mechanisms of the European Union, and of the Euro, kick into action.” Markets begin selling off the bonds of the country in question, in this case France, because they’re said to be spooked by the election results. The mainstre