The Road from Depression
Financial markets are driving the world towards another Great Depression, with incalculable political consequences. The authorities, particularly in Europe, have lost control of the situation, but, contrary to prevailing wisdom, they can regain it.
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NEW YORK – Financial markets are driving the world towards another Great Depression with incalculable political consequences. The authorities, particularly in Europe, have lost control of the situation. They need to regain control, and they need to do so now.