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Key Words: This ‘dire’ economic situation ‘deserves to be called a depression — a pandemic depression’

6 Aug 2020

Economists, cowed by the memory of the 1930s, are reluctant to use the word “depression” to describe the pandemic-induced economic downturn. But that's what it is, warn economists Carmen Reinhart and Vincent Reinhart.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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