Last summer in the Daily Express I wrote:
"We've had plenty of false alarms before, not least when the 9/11 attacks threatened to cause major economic meltdown, but this time the danger signs are unmistakable. While the world is not yet engaged in a tariff war, as it was in the Twenties and the US and UK stock markets recovered some ground yesterday, the other three causes of the Great Depression are all present. To paraphrase Bette Davis in the classic film All About Eve (above), buckle your seat-belts-this one could be a bumpy ride."
After the events of the last 24 hours, does anyone think otherwise?