Policy makers should ignore the noise from the financial markets and decline to ratify their gambling.
They should be patient and let the supply side constraints ease as the pandemic eases. Their attention should be on protecting the health of their populations and ensuring people can work safely.
The last thing they should be thinking about is creating a recession.
The cost of shipping goods from China has slumped to the lowest level in more than two years as the world economy stumbles, dimming prospects for container carriers that turned in record profits during the […]
After a year of woe, the social network’s data-related troubles aren’t yet over. Read here After a year of woe, the social network’s data-related troubles aren’t yet over.
Fifty years ago, there was a very special situation in the global economy: There was a major supply shock, oil prices rose, but oil continued to be consumed in almost unchanged quantities, oil producers made […]
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