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Ceaucescu's hated austerity was because it was attempting to pay off the national debt to western countries. There are plenty of other notionally capitalist co
by crdoconnor 8y ago
Ceaucescu's hated austerity was because it was attempting to pay off the national debt to western countries.
There are plenty of other notionally capitalist countries that have suffered bitterly under a similar kind of debt yoke (e.g. Greece).