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this post was submitted on 21 Feb 2024
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chapotraphouse
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Well, the 500 days plan, Balcerowicz's plan, die Treuhandsanstalt, etc. did just as well after all ๐
Definitely, but not that fast, shock therapy in Poland and DDR wasn't so fast and there were social safety nets maintained from the socialist times or implemented ad hoc in fear of spontaneous riots if the people would suddenly wake up and see the trap.
Argentina have none of this, it is shock therapy right in the face of already neoliberal country.