5. This is the choice many Asian countries will face. In Europe it'll be "Germany, USA or Russia?"
Refusal to forgive European loans plus protectionism were major factors in economic volatility of era.
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I think this is largely mythology to justify post-1945 US hegemony, but it's not something I can argue properly in 140 character bursts.
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But for one example look at the acti of Charles Dawes
End of conversation
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