For all of those readers who aren’t students of the 1930s – and why wouldn’t you be, given that we seem to be hell-bent on recreating it? – all I can say is, well.
Be warned, the last time foreign creditors tried to circumvent the democratic institutions of a sovereign nation in order to impose ever-increasing deprivation on its working and middle-class population, via a series of coalition governments lacking clear mandates to do so, it did not end well.
And that’s putting it mildly.
Picture borrowed from here, also well worth a read.