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"I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said.
if it was it was planned by the most powerful of the bankers so they could buy up the others at pennies on the dollars....J.P. Morgan did it in the early part of the 1900's perhaps others do it today... they arent in circles I travel in so I'm not privy to the inner workings of banks.
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