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"The basic idea Ferguson is presenting to the world is that the underlying problem in the financial crisis is too much outstanding debt."
Feb 15 22:28 pm
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All Comments by srw »A Financial History of the World [View article]
My (humble) basic idea is that the problem is called corruption. Corruption is not only about bribes, but when you lie, you're in a power position, and you deceive others who have your trust.