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question folks

by md7148

07 May 2000 02:06 UTC



Can somebody exactly trace the origins of the global economic crisis of
the 1970s? i don't mean the oil crisis (73-74).I mean the dollar crash
(financial crisis) that involved speculative bubbles and panics. Whatever
I have read so far (Gourevitch, Wolfson, Kindleberger, Arrighi) does not
state a clear year. Economic historians always speak in broader terms. I
am a history maniac person, and I need to figure out this. Wolsfon talks
about the 1970 bankruptcy of the Penn Central Railroad as well as the
failure of Franklin National in 1974 in his study of the post-war US
experience. Do these correspond to the global economic crisis of the
1970s? I think these collapses are the domestic consequences of
international crisis. what is the exact year for this (world financial
crisis)? 1971?

Please, help!

best wishes,

Mine Doyran
Phd Student
Political Science
SUNY/Albany



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