► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Robert Armstrong, the FT's head of Lex, and writer Giles Wilkes explore a history of bear markets and ask whether a market rout always leads to a recession.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes