With the onset of the Covid-19 crisis, the US seems to have developed a severe case of what psychologists call dissociative identity disorder: it is simultaneously projecting two distinct personalities.
On the one hand, the US Federal Reserve has responsibly assumed a leadership role in international finance, as it did during the 2008 global financial crisis. In March the Fed quickly resurrected a network of bilateral currency-swap arrangements with some 14 foreign central banks, and...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team