UN General Assembly
1982

on their standard of living, on health, or on the level of education of their populations, which remain the most deprived in the world. 187. Even in the industrialized countries, the situation is no more encouraging. The crisis has reached unforeseen proportions. Factories have been closed and over 10 per cent of the population is unemployed, 188. In the face of such a crisis, unless the world takes care we will have the bitter surprise of living through another 1929; that is to say, a world crash which will hurl countries, all countries, into a cataclysm leading to a system rejected by mankind, one possibly worse than nazism, which grew out of the 1929 crisis. Will the rich come to their senses? For in such a crisis none will be spared. Let us stop talking of aid to the third world as if it were manna. The rich countries, as they realize the danger of a generalized crisis, must now understand that a global policy towards the developing coun-tries should be their main concern today. That global