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The author summarises four hundred years of capitalist progress, including the costly setbacks from major wars and repeated episodes of financial instability. Such episodes are occurring with greater frequency, and this presents great dangers and also great opportunities for governments, for...
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crisis is the growth of debt in the West. Primary progenitor of debt problem is the world's largest debtor nation, United … status of the dollar as world reserve currency despite absence of its backing in gold. Debt explosion caused alienation of …
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