Who will now stabilise the world economy?

 “The 1929 depression 

https://www.internetional.se/shares.htm#bbc16

was so wide, so deep and so long because the international economic system was rendered unstable by British inability and United States unwillingness to assume responsibility for stabilising it.”

Kindleberger

https://englundmacro.blogspot.com/2022/12/what-were-reading-charles-p.html

published his book, The World in Depression, in 1973 

https://www.amazon.com/World-Depression-1929-1939-Charles-Kindleberger/dp/0520025148

From the Latin American debt crises of the 1980s 

https://englundmacro.blogspot.com/2021/06/remember-volcker-shock-triggered-latin.html

to the Asian financial crisis of 1997 

https://www.internetional.se/asia978.htm

and the global financial crisis in 2008-09,

https://englundmacro.blogspot.com/2024/05/varfor-min-sida-om-finanskrisen-heter.html

Washington co-ordinated the response, and prospered by doing so.

Robin Harding Financial Times 19 February 19 2025

https://www.ft.com/content/fa493a30-f0d7-4ce2-8d7f-84c2c4d41463

Tillbaka till Rolfs länktips 21 Februari 2025

https://englundmacro.blogspot.com/2025/02/rolfs-lanktips-21-februari-2025.html