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The secession of the Southern States, individually or in the aggregate, was the certain consequence of Mr. Lincoln's election. ↗
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗
The consequence of Mr. Bush's and Blair's historic lie that the reason for invading Iraq was weapons of mass destruction, is that everything is being doubted. ↗
