An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, April 5, 2016
Mark Weisbrot — Attempted coup in Brazil seeks to reverse election results
The attempted coup has traction because of the poor economy in Brazil. Dilma Rousseff and her PT party would not be under the pressure they owing to the economy if they had not adopted a neoliberal policy of austerity, effectively shooting themselves in the foot.
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