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Don't forget that its the second age of globalisation, not the first ... we reverted to national controls on capital flows after the first age of globalisation drew to a close with the rise of the trading blocs in the early 1900's.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sun Jan 11th, 2009 at 02:44:44 PM EST
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