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HomeNewsOpinionRuchir Sharma: The unstoppable rise of government rescues

Ruchir Sharma: The unstoppable rise of government rescues

A maximalist culture of bailouts and state support is bloating and thereby destabilising the global financial system

©The Financial Times Limited 2020 Mar 27, 2023 / 11:25 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
More than low interest rates, the easy money era was shaped by an increasingly automatic state reflex to rescue.
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