This Looks Like a Depression, Not a Recession
Until we have a vaccine, we are barreling toward economic catastrophe
Published in
10 min readApr 1, 2020
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Just weeks after the stock market crashed in 1929, President Herbert Hoover assured the country that things were already “back to normal,” Liaquat Ahamed writes in Lords of Finance, his Pulitzer Prize-winning history of the financial catastrophe. Five months later, in…
