A brilliant and insightful few minutes with Niall Ferguson on the precipice we face today. ht Zerohedge.
http://www.cbc.ca/video/watch/News/TV Shows/Lang & O’Leary Exchange/ID=2239470660
One thought on “Are The Europeans About To Start The Second Half Of Our Great Depression?”
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Bankwatch 
At the risk of sounding like a Kirkauldy Communist isn’t there an elephant in the room that nobody wants to talk about i.e. the rules of the game:- derivative supercharged capitalism vs ‘Socialism’
Is European society evolving towards a more extreme ‘market rules’ driven society or some kind of popular shift towards an as yet undefined more humane society.
The French revolution changed the world once before maybe Europe is ahead of the curve again with or without painful change 🙂