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ADAM TOOZE BEGINS Crashed, his chronicle of the financial crisis and its aftermath, in New York City in the fall of 2008, when Wall Street was in full panic. Yet Tooze opens the narrative not on the trading floors but at the United Nations. There, one national leader after another leapt to the floor to attribute the crisis to the US and its model of unregulated free-market capitalism. The problem with this criticism, Tooze says, was that the 2008 financial crisis was inherently global.
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