The genuine 2008 alternative would have been debt annulment and universal basic income

Evidence

What they neglect to tell us is what they would have done differently after 2008. Would they agree with the only alternative to what the central bankers actually did, i.e. annulling unpayable (public and private) debts, nationalising failed banks, and printing money to fund a basic income that lifts all boats at once during the Great Recession? Of course they wouldn’t. Thus, their anti-central bank philippics are the epitome of hypocrisy. — Yanis Varoufakis, Technofeudalism, 945

Categorization

• XREF: Parallels current debates over student debt cancellation and modern monetary theory as the suppressed alternative to austerity.
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 945