The Great Crash 1929

Questions About The Great Crash 1929

by John Kenneth Galbraith

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Galbraith had a great mind and a great writing style, but was highly invested in New Deal politics and socialist ideology of the 1930s, and while I believe he was an honest man, he hardly mentions the tremendous sovereign debt accumulated during WWI and its eventual collapse. Is neglect of sovereign debt issues not a problem today, when governments prefer to blame financial turmoil on everyone but themselves?

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