Re:Economist Mohamed El-Erian warns about the risk of 'zombi...
by jacknews on Wednesday June 17, 2020 @10:37AM
(#23551942)
Sorry I don't agree.
Not only have whole sectors such as travel, entertainment, retail been directly affected (ie closed), it seems they will continue to be affected by the changes (investments/costs) they need to make to comply with the post-covid world.
The markets have remained levitated by govt. stimulus - the Cantillon effect.
Not only have whole sectors such as travel, entertainment, retail been directly affected (ie closed), it seems they will continue to be affected by the changes (investments/costs) they need to make to comply with the post-covid world.
The markets have remained levitated by govt. stimulus - the Cantillon effect.