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Austerity Is Back, and More Dangerous Than Ever (project-syndicate.org)
6 points by DrNosferatu on Feb 28, 2025 | hide | past | favorite | 1 comment


A decade and a half after the global financial crisis, austerity has returned. But this time it is not just an economically dangerous idea that promises to make a bad situation worse; in the hands of Elon Musk and Argentine President Javier Milei, it is also a political weapon and a redistributive tool.




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