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Sunday, December 27, 2009

1929!

Fall 1929 can't be examined separately from 1913-1929 and 1930-1941. People talk about the October Crash like it was a surprise event, when it was the most anticipated and predictable event of its time for those inside the financial establishment- just like dot com, just like sub prime. The aftermaths of all three 'crash's ( more like terrorist bombings... ) were all planned out when the respective fuses were lit.

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