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Ukraine War's Surprising Links to the 2008 Financial Crisis - and the Parallels With 1939 Ronen Palan, Professor of International Politics, City, University of London.___ The historical parallels are uncanny. A decade or so after the two most devastating financial crises in modern capitalism, in 1929 and in 2008, a terrible conflict begins in Europe that threatens to draw in the entire world. So far, the Ukraine war is obviously of a different order to the second world war, but the clash of ideologies is just as fundamental. ...
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