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Andreas Antoniades is a Senior Lecturer in Global Political
Economy at the University
of Sussex, and convenor
of the Global Debt Dynamics
His recent work include, Recasting the Power Politics of Debt and Systemic Interlocking, Currency Swaps and Geoeconomics.
can only be a temporary fix that does not touch upon the causes of the problem. Whatever the belt-tightening, debt
will keep growing, crisis after crisis.