There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.
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Nationality: American Type: Public Servant Born: August 18, 1961 |
“Religiously the Empire was pluralistic and marked by a search for a faith which would be satisfying intellectually and ethically and would give assurance of immortality.”