Podcast: The 1930s depression and the current financial crisis
29.01.10
Podcast in danish
1931 is the world's most interesting year, believes historian Per H. Hansen. With the 30s depression there can be drawn many parallels to the current financial crisis. Over a few months in 1931 the world situation changed and people's perception of the economy was forever changed. Per H. Hansen has gained access to the archives of the Bank of International Settlements, the U.S., British and Scandinavian central banks, and has over thousands of documents seen how central bank policy makers were desperately trying to understand what was happening in the world around them. An attempt to avert the crisis and the impending depression, but it might have been much worse ...
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