The fallacy of adjustment

It is a macroeconomic exaggeration of the orthodox to propose the self-demand that countries must cancel their indebtedness. The goal should be to refinance it, including the accrued interests, aiming

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Deregulation and capital flight

Total deregulation of the currency exchange market is the certain sentence for an unsustainable indebtedness. This outline can be favorable in the short term due to capital inflow, but, in

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