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... as having occurred due to people spending too much. The biggest reason the IMF crisis happened was due to domestic firms recklessly borrowing dollars to hide their insolvency from their own shareholders, the influence of the Japanese Yen, and the attack of international investors, but those reasons will be hidden. (EN: the state of being insolvent; inability to pay one’s debts.)
I turned off the screen after watching the news regarding the Daehoo Group President’s first trial. Jonat ...
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