The head of the World Trade Organization is warning of financial crash-induced unrest.
As quoted by AFP:
The global economic crisis could trigger political unrest equal to that seen during the 1930s, the head of the World Trade Organization (WTO) said in a German newspaper interview Saturday.
“The crisis today is spreading even faster (than the Great Depression) and affects more countries at the same time,” Pascal Lamy told the Die Welt newspaper.***
“This crisis weighs heavily on politics and puts peace in danger,” he said.
He joins many others in warning that the economic crisis could lead to food riots, unrest or even revolution, including:
- The head of the International Monetary Fund
- Senator Christopher Dodd
- Leading economist Nouriel Roubini
- Top trend researcher Gerald Calente
Of course, there is already rioting in Europe. But things could get a lot worse, and spread internationally.