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Thursday, January 27, 2011

The Spectre Haunting Europe: Debt Defaults, Austerity, and Death of the “Social Europe” Model

The Spectre Haunting Europe: Debt Defaults, Austerity, and Death of the “Social Europe” Model
- by Prof Michael Hudson, Prof. Jeffrey Sommers - 2011-01-18
Debt is a consequence of structural financial, economic and fiscal faults built into the design of post-Soviet Europe

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