Shockwave
Adam Tooze: Shockwave, 16 April 2020
“... a public health catastrophe and an economic disaster at the same time. And to make matters worse, Donald Trump appears tempted to juggle the two.Since 2008, the world economy has come to depend to a disconcerting degree on government stimulus. No one can pretend that our reality bears much resemblance to the pristine market models so popular in the 1980s and ... ”