2 ms·
borrowing from non-state lenders is neither a necessary nor sufficient condition for ‘autarky’ and your reasoning seems to just be since it happened in South Am
by whimsicalism 2y ago
borrowing from non-state lenders is neither a necessary nor sufficient condition for ‘autarky’ and your reasoning seems to just be since it happened in South America in the 60s it must be part of the economic mismanagement that occurred there.
i agree that our protectionist policies are bad and autarkic in nature