Paul Warburg warns of coming collapse

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• Lords of Finance whole source · open book

  issuing his most powerful jeremiad on March 8, 1929: “History, which has a painful way of repeating itself, has taught us that speculative overexpansion invariably ends in over-contraction and distress.”

  chapter: 16. INTO THE VORTEX - 1928-29

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• Paul Warburg central figure

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