Central bankers are deploying quantitative easing and other extreme monetary measures to help prevent the economy from imploding. Thousands of job seekers gather to apply for government jobs during the Great Depression in Cleveland, Ohio, in 1930. Photo: AP
David Brown
Opinion

Opinion

Macroscope by David Brown

Government life support is the only thing stopping the economy from sliding into another Great Depression

‘The rising spectre of protectionism and the outside risk of outright trade warfare is a deep-rooted threat to the future’

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Central bankers are deploying quantitative easing and other extreme monetary measures to help prevent the economy from imploding. Thousands of job seekers gather to apply for government jobs during the Great Depression in Cleveland, Ohio, in 1930. Photo: AP
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