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Karl Marx

  • If crises are the test of a nation, Western Europe is failing

    Opinion

    The financial crisis and the pandemic have shown how modern Europe deals with crises. And it's not pretty, writes Paul Ormerod.

    FRANKFURT AM MAIN, GERMANY - SEPTEMBER 30: A trader looks on during a trading session on the floor of Frankfurt stock exchange on September 30, 2008 in Frankfurt am Main, Germany. Due to the weakness of the U.S. economy the German stock market remains volatile. The U.S. stocks took a nosedive in reaction to the global credit crisis and as the U.S. House of Representatives rejected the $700 billion rescue package. (Photo by Ralph Orlowski/Getty Images)

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