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From Covid to today: five years that changed our money

Financial Times LogoFinancial Times12h ago

From Covid to today: five years that changed our money - Financial Times

Quick Summary:

He also observes that the three recessions preceding the pandemic were all triggered by financial disturbances, each following a long period in which debt was rising faster than GDP and asset prices were also rising rapidly.

Friedrich Merz, winner of the German election last month, has pledged to retreat from his country’s long-standing fiscal conservatism and aversion to defence spending by amending Germany’s constitutional debt brake.

Equally important, we live in a world of asymmetric monetary policy where central banks rush to put a safety net under markets and banks when they collapse, but impose no caps on soaring asset prices.


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Article Details

Author / Journalist: John Plender

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-15 @ 05:00:28 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1919 words

Reading Time: 11 minutes read

Sentences: 94 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27017092

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 13 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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