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A Debt-Fueled “Doom Loop”

Some democracies seem caught in a trap: Spend more and risk market panic, or cut benefits and empower the far right.

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  • New York Times
    high factuality NYT Co (Sulzberger family) · corporate

    Some democracies seem caught in a trap: Spend more and risk market panic, or cut benefits and empower the far right.

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