Announcement
Collapse
No announcement yet.
Looking Like A Worldwide Trend of riots
Collapse
X
-
http://www.businessinsider.com/serio...war-iii-2011-8
http://blogs.telegraph.co.uk/news/da...ook-like-1931/
[QUOTE]Daniel Knowles of the Telegraph has noticed a similar trend. In a post titled, "This Really Is Beginning To Look Like 1931," Knowles argues that we could be witnessing the transition from recession to global depression that last occurred two years after the 1929 market collapse, and eight years before Germany invaded Poland, triggering the Second World War:
"The difference today is that so far, the chain reaction of a default has been avoided by bailouts. Countries are not closing down their borders or arming their soldiers
Comment
Comment