Author: Zaroc Stone
Date: Sep 19, 2008 07:23
Only a Roosevelt-Scale Counterrevolution Can Prevent Great Depression II By Robert Kuttner, The American Prospect. Posted ... when large banks fail, then it is obliged to act to prevent damage from occurring in the first place. Otherwise, the result is... the economy. In the 1930s, the Roosevelt administration acted to prevent a repetition of the ruinous 1920s. Commercial banks were separated ...
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