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Collapse of Global Trade Immediately after the 1st World War, several European nations owed big sums of money to the US. Depositors who experienced entrusted the lender with their lifestyle personal savings uncovered significantly to their shock and dismay that they were wiped out by the lender collapse. He pledged a "New Offer" for the American folks and questioned them for their aid in restoring America to what it after was. Review my homepage advice