Summary:
The crisis has brought the economy to a near halt, and left millions of people out of work. But thanks to intervention on an unprecedented scale, a full-scale meltdown has been averted – for now.... So far, it's pretty much the same as it was in the previous financial crisis — finance was saved, others ?The potential for civilizational collapse is all too real. This pandemic has so far served as a wake-up call. Will it be heard?The Guardian (UK}How Coronavirus Almost Brought Down The Global Financial System Adam Tooze
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Mike Norman considers the following as important:
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The crisis has brought the economy to a near halt, and left millions of people out of work. But thanks to intervention on an unprecedented scale, a full-scale meltdown has been averted – for now.... So far, it's pretty much the same as it was in the previous financial crisis — finance was saved, others ?The potential for civilizational collapse is all too real. This pandemic has so far served as a wake-up call. Will it be heard?The Guardian (UK}How Coronavirus Almost Brought Down The Global Financial System Adam Tooze
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The crisis has brought the economy to a near halt, and left millions of people out of work. But thanks to intervention on an unprecedented scale, a full-scale meltdown has been averted – for now....So far, it's pretty much the same as it was in the previous financial crisis — finance was saved, others ?
The potential for civilizational collapse is all too real. This pandemic has so far served as a wake-up call. Will it be heard?
The Guardian (UK}
How Coronavirus Almost Brought Down The Global Financial System
Adam Tooze