Geopolitics Magazine March - April 2015 ( 8th Edition ) | Page 95

Geopolitics & Daily News Magazine This period of economic contradiction facilitate the raise of Adolf Halter and Nazis into power and dragged the European continent into the chaos of the War. It is weird that the institutions both in US and Europe but also in worldwide Level (Legion of The nations, IBS, ILO) failed to recognize the forthcoming Super-crisis or to take the appropriate measures to reverse it(James and James 2009)i. Nowadays we know that longs periods of finical stability and high speculations will end up to a Minsky moment. But these knowledge were already existed at the time in discussion but it seems that “some things that should not have been forgotten were lost. History became legend. Legend became myth. And for two and a half thousand years, the ring passed out of all knowledge”(Tolkien 2012). James, H. and H. James (2009). The end of globalization: lessons from the Great Depression, Harvard University Press. Landes, D. S. (1998). "The wealth and poverty of nations." WORLD AND I 13: 258-263. Maier, C. S. (1970). "Between Taylorism and technocracy: European ideologies and the vision of industrial productivity in the 1920s." Journal of contemporary history: 27-61. Tolkien, J. R. R. (2012). The fellowship of the ring: being the first part of The lord of the rings, Houghton Mifflin Harcourt. Geopolitics.com.gr all rights reserved 2015 Page 93