JJ |
March 26, 2013 |
1:51 pm |
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Assumptions that Lehman Brothers, the ailing US investment bank, was too small to matter were disastrously wrong. Photograph: Linda Nylind for the Guardian 'The longer the depression lasts the stronger extremist forces will become and the greater the risk that one or more countries will decide to leave the single currency because they cannot tolerate the economic distress, the social unrest and the political instability. Germany, of all nations, should understand this.'

Assumptions that Lehman Brothers, the ailing US investment bank, was too small to matter were disastrously wrong. Photograph: Linda Nylind for the Guardian

 

‘The longer the depression lasts the stronger extremist forces will become and the greater the risk that one or more countries will decide to leave the single currency because they cannot tolerate the economic distress, the social unrest and the political instability. Germany, of all nations, should understand this.’

 

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