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Governments and Central Bankers – The Blind Leading the Blind (#54)

In 2008, the champion of free markets, America, through its deregulated iconic capitalist instruments: private - Investment Banks, Banks, Insurance Companies, and other Financial Companies and Institutions, almost collapsed the global financial system. It was only the immediate and coordinated infusion of massive capital in the form of ‘economic stimulus’ by all major governments and their Central Banks that prevented the absolute collapse.

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