History repeated: the worst of the 2008 crisis is yet to come

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The solution put forward by governments to the financial meltdown – ‘quantitative easing’ – will eventually come back to haunt the world economy

Published: 4:15pm, 1 Sep, 2016

Updated: 9:31pm, 2 Sep, 2016

Thousands queue for jobs during the Great Depression in the US. Photo: AP

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