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This Time Is Different: Eight Centuries of Financial Folly Sociology & Anthropology and in natureThroughout history, rich and poor countries alike have been lending, borrowing, crashing and recovering their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different" claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively
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