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Hungary's right-populist government re-nationalised pension funds more or less this way. The difference: they focused their punitive measures on the customers, not the companies.

(They also sent the IMF packing, saying no thanks to the continuation of the loan programme on-going since 2008. In a recent speech, the economy minister declared that this was part of an "economic freedom fight". If only (1) this weren't a pandering for the far right in coded words, who think the problem with the IMF was that its head was Jewish; (2), he wouldn't have started his own austerity programme which he refuses to call so.)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu May 19th, 2011 at 10:18:01 AM EST
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