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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 4463136" data-attributes="member: 56035"><p>michael hudson says for the last 50 years every austerity program the IMF has made has shrunk the economy. meaning you aint gonna be able to pay back that debt! no budget surplus has helped an economy grow because you are taking money out of the economy.</p><p></p><p>and he says thats the point. they dont want you to repay the loan because then they can do land grabs on the cheap. its economic warfare.</p></blockquote><p></p>
[QUOTE="rickyb, post: 4463136, member: 56035"] michael hudson says for the last 50 years every austerity program the IMF has made has shrunk the economy. meaning you aint gonna be able to pay back that debt! no budget surplus has helped an economy grow because you are taking money out of the economy. and he says thats the point. they dont want you to repay the loan because then they can do land grabs on the cheap. its economic warfare. [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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