Austerity, the Greatest Bait-and-Switch in History

Professor Mark Blyth talks about “austerity … the greatest bait-and-switch in history.”

He explains this scam in a way you’ve never heard it explained before … that is to say, clearly.

For instance, Blyth says:

“Why did I write this book? Because I got really really pissed off at people with lots of money telling people who don’t have any that they have to pay shit back.”

Blyth’s talk starts at about 2 min, after the intro:

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