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Policy errors during a balance sheet recession and 25% unemployment

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Policy errors during a balance sheet recession and 25% unemployment

Edward Harrison
May 14, 2020
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Policy errors during a balance sheet recession and 25% unemployment

pro.creditwritedowns.com

I ended yesterday's post writing that the only thing one could predict with certainty was that there will be policy errors going forward. When faced with so much uncertainty on both the healthcare front and on economic policy, it's inevitable that policy makers will make mistakes. So let's start with one possible mistake brewing in the UK.

Austerity in t…

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