, Lehman Brothers fell and the global money markets seized up. This was the beginning of the financial crisis that began in the United States but soon spilled over to Europe as well. In Europe, the shock period of the financial crisis was to be followed up by the Eurozone crisis, which derived directly from the shock of 2008 and was initiated in early 2010 with the sovereign debt crisis in Greece. While the worst of the crisis seemed to be over by fall 2012 after the Head of the European Central Bank had declared that he would do 'whatever it takes' to save the euro, the fall out of the crisis continued to haunt Europe at least until the conclusion of the third Greek bailout in summer 2015. It is hard to overstate the sheer magnitude of the impact the economic crisis has had on the lives of people in Europe. Between 2007 and 2013, the number of unemployed people in the EU rose from 17 to 26 million (European Commission, 2014). Dramatic losses of income for large social groups combined with a severely tightened and restricted labor market, especially for the younger generation in the countries hardest hit by intensified structural decline. The combination of these crises and the economic, political and geopolitical responses to them are, as Adam Tooze (2018: 5) has observed in the introduction to his account of 'the first crisis of a global age', essential to understanding the changing face of the world today. As Tooze has also noted, politics loomed large during this crisis. We saw not limited but big government, massive executive action and economic and political interventionism of an unprecedented kind. In Europe, these interventions led to 'one of the worst self-inflicted economic disasters on record' (Tooze 2018: 15).