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Are We Facing a Great Depression? James Rickards and Pippa Malmgren

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CHAPTER

The Economic Impact of COVID-19: Debt Default and Recovery

In this chapter, the economic ramifications of COVID-19 are explored through medical analogies, highlighting the potential debt crisis looming for various countries. It examines different strategies for debt defaults and the experiences of nations with debt relief, proposing that the pandemic could act as a catalyst for necessary economic reforms.

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