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1 Comment
  1. Anonymous says

    There is another solution to exporters reversing their surpluses or stimulating domestic economies. It is the path that we are on now. Austerity till societies collapse and then repudiation of debts. That will mean that the debtor country ends up with a significantly reduced economy which will not be in a position to buy the exports of the creditor. This is what is happening in Greece and Hungary right now. This will mean that the creditor nations will have to take substantial losses of some kind on loans at some point. It is that or increase imports of debtor nations.

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