Depression, unstable politics, increased extremism – Europe 2015 and 1930 compared?

  • Some loose parallels but not really a valid comparison.
  • 1930's Europe was still in shock from war, had witnessed massive wealth destruction, had no welfare cushion, and was vulnerable to visceral nationalism.
  • 2015 Europe is structurally more sound (a more resilient economic & political landscape + higher levels of wealth), and a lingering wariness of nationalism.

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