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Dear Sir,

The "savings glut" theory which Martin Wolf resurrects ("Asia's Revenge", 9 October) fails to address the root cause of the financial crisis: the reckless dereliction of duty by central bankers and financial leaders in the performance of their duties.



Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Thu Oct 9th, 2008 at 10:30:25 AM EST
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