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Politics : To be a Liberal,you have to believe that.....

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To: American Spirit who wrote (6345)5/17/2006 5:46:00 PM
From: TimF  Read Replies (1) of 6418
 
There had been numerous other cases of speculative bubbles before and since. Their collapse didn't result in a decade long depression. The difference with the great depression is you had a huge increase in tariffs, income tax rates, and regulation.

Tim
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