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user-inactivated  ·  3589 days ago  ·  link  ·    ·  parent  ·  post: Croatia votes to scrap debt of its poorest citizens

Almost certainly

    Some economists, among them Baker, are skeptical whether the scheme will succeed: "I am not sure that this is the best way to help low-income people. If lenders think this can happen again they will charge very high interest rates to low-income borrowers," Baker said.

https://hubski.com/pub?id=204580