Thursday , April 10 2025
Home / Mike Norman Economics / How Coronavirus Almost Brought Down The Global Financial System — Adam Tooze

How Coronavirus Almost Brought Down The Global Financial System — Adam Tooze

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.

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
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *