Baroness Falkner of Margravine: The human cost across the EU and beyond is considerable but, as commentators talk of a 1930s-type recession, it is instructive that we have avoided that sort of catastrophe to date.

It's not instructive at all! We're only a few years in! The Great Depression hit a world ravaged by global war; this depression, whose actual numbers easily compare, hit a world that thought it was comfortably off -- give it a couple more years of sod-all jobs and "austere" governments inexplicably blaming the jobseekers, and let's see just how 1930s it gets…

Ah, fuck it, I'm not even going to bother. Here's the finest mashup you'll ever hear that involves the Terry & June theme tune: