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Inoculating the World Against Recession

This story ran in April 2021 and may have dated references, but it remains relevant and a fascinating read for traders. The Covid-19 pandemic plunged the world into deep recession as nations retreated into lockdown to contain the viral spread. But monetary and fiscal officials responded to the crisis swiftly and powerfully, based on the collective wisdom they gained during the 2008 global financial crisis and its aftermath. This time, world leaders took bold action to avoid a sluggish recov

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