WEEKLY POLITICAL COMPASS
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MACRO: Exit Strategies & Economic Policy Outlook
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MACRO: Exit Strategies & Economic Policy Outlook
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WEEKLY POLITICAL COMPASS
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MACRO: The politics of flattening curves and managing localized outbreaks
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WEEKLY POLITICAL COMPASS
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MACRO: Exit Strategies & Economic Policy Outlook
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WEEKLY POLITICAL COMPASS
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Financial repression: a more subtle knife
High public sector debt levels are set to remain at the core of the economic policy debate. Periods of elevated and rapidly rising debt are rarely reversed without some form of default. This need not be explicit. It can be more subtle and covert. It can take the form of inflation, regulation, and the creation of ‘captive markets’ for bonds. The stage is set for an extended period of financial repression.
MACRO: Exit Strategies & Economic Policy Outlook
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