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No. There’s significant evidence that sudden overnight market manipulation (e.g. setting exchange parity to the eastern and western Deutsche Mark destroyed all
by eecc 6y ago
No. There’s significant evidence that sudden overnight market manipulation (e.g. setting exchange parity to the eastern and western Deutsche Mark destroyed all eastern consumer goods industries, which were bought for symbolic sums and then deliberately shuttered.) it’s obvious that any such fundamentalist and radically liberalist policy would have tore through any economy, but the point was to smother Carthage, and sow salt on its ruins
- kolinko 6y agohttps://i.imgur.com/jp4spsj.png https://i.imgur.com/jp4spsj.png One country took the radical/liberalist path, another chose the one that doesn’t tarnish the economy. As much as I hate libertarians today, in 1990s they did an awesome job.
- kazen44 6y agothis graph does not take into the account the massive geopolitical difference between ukraine and poland, especially considering poland had far more possibilities in regards to joining and integrating with western european economies compared to ukraine. Don't forget that prior the collapse of the USSR, ukraine was not an independant country from russia, while poland has always been "independant" during socialist times.
- kolinko 6y agoAs for geopolitical differences - how about Estonia/Lithuania/Ukraine? I’m not sure how the went about with their provatisation in 1990s.