Europe on Brink of Another Financial Crisis

BREAKING NEWS: Europe is in the eye of an economic cyclone, with a fresh storm about to hit vulnerable countries, the former chancellor Alistair Darling has warned.
"I think we're in a lull in Europe at the moment. It's rather like going through cyclones. You get in the middle and you think, great. And then you forget the other side of it."
Mr. Darling faced a backlash from Gordon Brown's Downing Street when he warned in an interview in August 2008 that Britain was on the brink of the worst economic storm since the 1930s. Yet within weeks he was proved right by the collapse of Lehman Brothers, and within months the country plunged into recession, from which it is still struggling to recover. ➠ ➠ Read more here...
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