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- Bankrupting the Enemy
Bankrupting the Enemy
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A great world power can wage economic war, forcing another country to go bankrupt. In the period leading up to Pearl Harbor, the US deployed its formidable control of a war-torn financial system to freeze Japan's dollars and gold supply held in US banks, driving the country into international bankruptcy. Edward S. Miller convincingly demonstrates that financial strangulation, more than the more well-known blockade of oil exports, drove the Japanese leaders to desperation and ultimately to attack.
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