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The fundamental reason is surprisingly similar: A failed defense of the gold standard, odious hard-currency obligations and foreign occupation and dismantling of core industries.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 17th, 2012 at 01:45:24 PM EST
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