M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
This move could well act as a catalysts for other states (and certain countries) also adopting their own restrictive measures. The questions for economists and investors include the extent to which this changes the individual calculus for engaging more fully in economic activity. And all this at a time when elevated asset prices/markets have already disconnected materially from the real economy on the back of exceptional central bank support. #economy #markets #covid #covid19 #centralbanks
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