12. Ghosts of recessions past: Is history repeating itself?
This episode of The Weekly Tradecast looks at recessions past and possibly present with Anastasia Nesvetailova, head of UNCTAD's macroeconomic and development policies branch.
High energy prices, rising interest rates and volatile financial markets – it’s starting to look a lot like 2007, the start of the Great Recession that led to millions of people losing their homes, jobs and savings.
It was the worst downturn since the Great Depression of the 1930s. Warnings of impending financial doom are widespread right now. Listen in to Ms. Nesvetailova to find out if history really is repeating itself.
