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The Old Economy Is Dead

It Could Happen Here

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Balance of Payments and Economic Ideologies

This chapter explores the balance of payments as a vital financial marker for nations, emphasizing its role in managing foreign currency needs, with Bolivia's oil imports as a case study. It further critiques the implications of trade deficits in the U.S. and examines the ideological struggles within capitalism, linking these to broader socio-economic issues like immigration and drug policy.

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