It's 1930 time

Barry Eichengreen and Kevin O'Rourke have an alarming paper in Vox EU, showing that if you take a global view, the world slump since early 2008 is as bad or worse than the slump from 1929-30. It's full of pictures like this one, showing monthly volume of world trade:

What this says is that the [...:]
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Published on April 06, 2009 16:08
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