Amity, good link. One lesson of the 30s was to flood the system with liquity (Fed money pump) as soon as the panic develops. This they did in 1987 as well as today. The experiments with negative interest rates (ECB) and artificial inflation (BOJ) may work too.
Recoveries are like people. They make choices. Each year, the recovery looks at the political economy and decides to come back (or not).https://www.washingtonpost.com/opinions/2020/04/11/great-depression-didnt-have-happen-neither-does-covid-19-depression/ …
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Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Le chargement semble prendre du temps.
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