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Crisis and complicity

The current economic crisis requires not just fire fighting, but long-term institutional rebooting. The government's extraordinary complacency, hubris and recklessness is responsible for the crisis. Its response seems, for the most part, trifling. It gives the impression of fighting a modern economic war with prehistoric policy tools: when tanks come charging, you can't get away with throwing a pebble here and a pebble there. 

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