Sovereign Debt Crisis and Brazilification of America

During a sovereign debt crisis, government services were sold off to the highest bidder, leading to corruption and enrichment of the aristocratic class. Berlusconi's connections with the mafia in Naples resulted in disastrous conditions, with the mob controlling garbage and toxic waste removal. The government officials involved would collect taxes without providing services, leading to wealth accumulation. This scenario is often referred to as 'brazilification' and paints a picture of what it could look like in America.

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