https://www.wsj.com/articles/europe-froze-its-economy-in-place-the-thaw-could-be-ugly-11613586536
Continental governments have spent trillions during the pandemic keeping firms alive and people in jobs, but that safety net could be putting off the economic deep cleaning that normally comes with recessions. It contrasts with a U.S. approach that involves more bankruptcies but also more new ventures.
Europe Locked Its Economy in Place. Unlocking It Could Be Ugly.
Published in Business and Uncategorized
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