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In: Economics

In "After the Disease, the Debt" , the author says, "Faced with this daunting reality [of...

In "After the Disease, the Debt" , the author says,

"Faced with this daunting reality [of huge debts], rich-world governments will make a big mistake if they succumb to premature and excessive worries about budgets. While they are in the throes of the pandemic, the withdrawal of emergency support would be self-defeating."

What does she or he mean? Explain both sentences in th the quotation.

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