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Wall street 1929 all over againCAMBRIDGE: Any writer of financial fiction would have an easy time setting the stage-ballooning valuations of stocks founded on exaggerated beliefs about the impact of new technologies on productivity, and gross over-confidence in the American model, are placed side-by-side with an all-pervasive global financial fragility, evidenced in the Asian crises, a moribund Japan, and chaotic Russia.