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Iceland's EU rejection & the North Atlantic debt trap
01 September 2026

Iceland's EU rejection & the North Atlantic debt trap

The Econoclasts

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the fallout of Iceland’s historic referendum vote to reject European Union accession talks, reveal the widening cracks in the transatlantic financial consensus, and debate whether a European capital markets union can revive investment or simply feed a stagnant ‘rent trap.’

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