The Survival Economist: Public Debt Got a Lot Worse from the Great Recession to the Great Lockdown

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The Survival Economist
Premiered May 30, 2021

The 2020 recession, which many countries are still going through, now has an “official” name: the Great Lockdown. In economic terms, the public sector’s response in practically all countries has been very swift and bold (which is not necessarily a good thing).1 This has caused the global public debt to skyrocket as never before. As a result, now more than ever, it is necessary to emphasize the dangers of public debt.

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