Authorities twig the truth! Its the Worst in Human History!

The Deputy Governor of the Bank of England, Charles Bean, is reported in Forbes as saying that the present financial crisis will be the worst in human history - that includes the South Sea Bubble, Dutch Tulip Bulbs, the Great Depression, the disastrous economic consequences of the Plague known as the Black Death, etc.etc. Even this blog has yet to go that far and was earlier a little concerned that it was overdoing the gloom.... Slump, however, now seems mild compared with the view of the Bank of England itself!!