5min chapter

Coin Stories with Natalie Brunell cover image

Danielle DiMartino Booth: Economic Storm and Debt Collapses Approaching

Coin Stories with Natalie Brunell

CHAPTER

Comparing Economic Storms: Past Recession vs Current Crisis

This chapter explores the upcoming economic storm and debt collapses, drawing comparisons to the 2008 recession and discussing the unprecedented government spending and stimulus response to the pandemic. It also raises concerns about the long-term effects of excessive fiscal stimulus and the potential normalization of concepts like modern monetary theory and universal basic income.

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