@MinisterSBMoyo "Zimbabwe is not and has never been an adversary" I don't think you are the one who is in a position to right the statement.. If your actions makes someone see you as an adversary you must hear from him....
@Wamagaisa The economist who to the research lab and start to argue with other economist about the implications of removing each life and each branch of that tree to the community kkk lo
@vincemusewe Building reserves is a big failure you can call a policy, reserves means defending exchange rates, defending exchange rates meats luzing monetary policy. The only debatable is... how to build confidence? Not how to build reserves.
@scientificecon@SCMPNews "We don't need to wait for unelected central planners to stimulate the economy" but the great depression you're taking about is the monetary phenomenon and the elected officials (fiscal policy) on their own can't be used successfully without political resistance.
@scientificecon@SCMPNews So it's worth giving thought to the fact that the business and household will resume their normal routines the day after Coron. When that happens, the question is, how far did the economy deviate from the equilibrium? and how the central banks are going to correct the distortion
@scientificecon@SCMPNews The chances are very low that I can't support you prognosis with 100% certainty. Because the magor factor so far as along as Corona is concerned is spending. People are not spending and so business is not moving that is inducing everyone to engage in a wait and see mode.
@business It is worth saying that, Gates is only speculating for the sake of avoiding to think about worse cases. The truth is with more than 35,000 diagnosed positive and near 10,000 deaths there is no way US will not reach worst-case.
@vincemusewe I call it irrational expectation for a savvy economic man to expect economic prosperity under austerity and contraction monetary policy and endeavor to justify that misconception as psychological influence. It shows 2 things either you don't know or you're herding someone.