Part three of our epic (and expanding) examination of the coming sovereign debt crisis with Sean and Derick. In this episode, we focus in on Europe, Italy and Great Britain in particular. What were the contradictions that were papered over in the 2008 financial crisis and the 2010 Eurozone debt crisis? How have various ruling classes tried to cope with secular stagnation of the economy? Will the post-fascist turn be able to overcome the crisis? Could the dying center left do any better? All this and many sidebars/parentheses within!

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Song: Lou Reed - The Debt I Owe (Woody Guthrie cover)