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Clinton had *no* basis - apart from wishful thinking - to believe that deregulating banks would lead to anything *but* another gigantic crash.

But Clinton let his self interest - in presiding over a sugar-high economic expansion driven by deregulation - overrule his prudence (about the crash that would follow). Sure enough, in the last months of Clinton's presidency, the stock market imploded with the March 2020 dot-bomb.

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