Commentary
Misguided lockdowns have destroyed the global economy, and it’s likely the impact will last for years.
Bankruptcies Soar in a Sea of Liquidity
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One hundred dollar notes in a photo illustration. Lee Jae-won/Reuters
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
