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Bloomberg Businessweek Weekend - April 18th, 2025

Bloomberg Businessweek

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Navigating Economic Turmoil: Lessons from History

This chapter analyzes the current economic challenges due to shifting trade policies and their implications for markets, drawing parallels to historical events like the Nixon shock. It highlights the importance of stable economic leadership, contrasting past and present approaches, particularly through the legacy of Paul Volcker. Additionally, it discusses how current consumer confidence and market stability are influenced by government policies and potential risks in deviating from established economic standards.

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