Monday, August 8, 2011

80 years ago, a banking collapse devastated Europe, triggering war

Capitalism in crisis, a warning from history: Eighty years ago, a banking collapse devastated Europe, triggering war. Today, faith in the free markets is faltering again
The collapse of the banking system in the summer of 1931 brought governments
 to their knees and thousands out onto the streets (Pictured: the Jarrow March)