Colombian economist warns demand-side policy repeats past mistakes, risks collapse

Eduardo Sarmiento Palacio, a prominent Colombian economist, argues in El Espectador that prioritizing demand over supply leads to a self-reinforcing cycle of rising interest rates, currency revaluation, and falling savings, culminating in economic collapse. The piece is an opinion column, not a data-driven report, so its claims are unverified and represent the author's analytical viewpoint. It matters as a signal of domestic economic debate in Colombia, but has no immediate market impact.

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