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mapleoin | 2 months ago

> can mostly likely be managed with the same level of spending restraints we saw in response to that.

so... austerity? Like the article suggests?

discuss

order

akamaka|2 months ago

Was the 1990s austerity “severe”? I remember a lot of complaining at the time, but it doesn’t seem too bad in hindsight.

ls612|2 months ago

Given the security situation today repeating the peace dividend is not an option, so it would be much tougher than the early 1990s was.