Book Review | Socialised risk
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Ruchir Sharma argues capitalism is ruined unless governments stop stimulating during recoveries. Consumer confidence hovers at 2009 levels despite stock markets breaking records. America is becoming least tolerant of financial distress. The government already has an outsized role in the US economy. The book dissects economic trends and policies, highlighting the forces driving inequality, stagnation, and financial instability. Sharma proposes that governments need to stop stimulating during recoveries.
#RuchirSharma #Capitalism #GovernmentIntervention #EconomicInequality
https://www.financialexpress.com/life/lifestyle-book-review-socialised-risk-3525906/
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