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trade was as free and liberalised as it is today, if not even more

What? No tariffs? No state funding of industry? Free cross-border movement of capital?

Of all the ways of organizing banking, the worst is the one we have today — Mervyn King, 25 October 2010

by Migeru (migeru at eurotrib dot com) on Fri Dec 24th, 2010 at 06:57:17 AM EST
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