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To stop the crisis - nevermind reverse the damage already done - would require an appropriate fiscal response. This in turn would require abandoning all this Austerity bullshit and purging enough of the Hayekians from the ECBuBa that we could be reasonably confident that this fiscal response would not be sabotaged at some inopportune moment to assuage some delusional inflation neurosis.
Austerity can only be implemented in the shadow of a concentration camp.
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