A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE
A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Coronavirus bailouts: governments and central banks can’t keep throwing money at the problem

  • The largesse keeping the world from a depression is also saddling governments with growing debt and limiting the space for stimulus in case of a second Covid-19 wave
  • The focus must also be on getting the pandemic under control and everyone back to work

A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE
A street artist makes giant soap bubbles on Neumarkt square in Dresden, Germany, on May 31 as tourism restarts with the easing of lockdowns. Photo: EPA-EFE
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London