The Breakaway
Perry Anderson: Goodbye Europe, 21 January 2021
“... remained intact. No sooner did he become prime minister in 2007, however, than the wheels fell off the triumphal chariot he thought he was riding. By the summer subprime mortgages in the US were in trouble, and were soon taking down with them the British banks that had plunged recklessly into the American housing market. By the autumn of 2008, the ... ”