Word: economiesã
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...We’ve lost an innocence bred from willful ignorance, which blinded Americans to the steroid-fueled excesses of the Juiced Era and the debt-fueled excesses of our economies??€™ latest Gilded Age. If from now on we must live with slower growth, fewer home runs, and the genuine, Little Papi...
...World Bank, established by the World War II victors in the Bretton Woods Agreement, began operating in the Third World in the 1950s and currently works in more than 100 countries. One of its primary purposes is to provide loans to nations with struggling economies??€”a seemingly benevolent function—but conditions those loans on economic reforms that often have damaging effects. For example, loans sometimes call for decreases in government spending, which results in cuts to social services, for wage cuts in order to reduce inflation, for liberalized tariff restrictions to encourage foreign investment, for currency...
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