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Subscribe to RSSMy apologies for another old picture, but if we can't learn from history, we're doomed to repeat it. You have to wonder if these dapper finance ministers in their pinstripes and top hats have any more of a clue than the current financial experts.
/AP file
Edouard Daladier, the Premier of France, centre, stands with the French delegation to the World Economic Conference in London, June 12, 1933. More than a thousand of the world's top finance and government officials squeezed into London's stuffy Geological Museum in 1933 to set about trying to save the world from the Great Depression. Six weeks later, the World Economic Conference gave up. Without any major agreements, it adjourned amid squabbling and finger-pointing between the world's democracies.