Ghosts from the 1930s have returned to haunt us

We may not yet have succumbed to a Great Depression but depression, in one form or another, is all around us. And we are witnessing the rise of political extremism, a nationalist backlash against a country's obligations towards its typically foreign creditors. Ghosts from the 1930s have come back to haunt us.

Recovery has either been remarkably muted or, in many parts of Europe, totally non-existent. For some Eurozone nations, economic free-fall threatens ... READ MORE

Released by the Financial Times - 10 May 2012