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Adam Tooze on the geopolitics of the pandemic

Sinica Podcast

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Is Your Assessment of the Global Financial Crisis Changing?

A year on, after COVID-19 and this extraordinary time, has your assessment changed? Not fundamentally, I think, but the schizophrenia, the polarity that I was pointing to, thinking about these issues last year, has become, if anything, even more extreme. The Fed played an absolutely pivotal role in March in the stabilization of global financial markets. And on the other hand, we have just the spiraling collapse of the coherence of American policymaking.

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