Deifict hawking in the US in 2024? Sounds great for global capitalism. US is THE consooming engine.
Atleast Argentina is a smaller country. Atleast Russia was disconnected from rest of the capitalist world pre 1990s.
And it's by no means "radical". Bill Clinton the neoliberal establishment guy ran budget surpluses in the 1990s, sucked money away from the (mainly poor) people and increased household debt.
I like how the pitch for austerity is always, "look, when we do this everything is going to get so much worse for an indeterminate amount of time but then I promise it will get better and everyone will be better off."
and no matter how many times it is done and only serves to ruin lives and devastate communities beyond recovery with no benefit ever being recognized aside from a tiny, ultra wealthy minority using the chaos to purchase control over critical resources and exponentially increase their net worth, they keep promising it will be different this time and everybody will benefit.