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theadvancedapes  ·  3641 days ago  ·  link  ·    ·  parent  ·  post: Jeremy Warner: Austria is fast becoming Europe's latest debt nightmare

This problem is essentially a neoliberal crisis brought on by too heavy a reliance on central banks and too little attention paid to sustainable local socio-economic development which needs to be carried out in a distributed self-organized way. I've yet to hear a long-term solution that doesn't include a basic income (which is being considered by Greece and now also, Portugal).