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Why This Bubble Economy Keeps Going and Going

Audio Mises Wire

Tags Free MarketsProtectionism and Free Trade

04/13/2020Thorsten Polleit

Current global bailouts may put off global busts for quite some time. But they will weaken output and employment gains. People's standard of living will stagnate or even fall, even in the short term. With this comes impoverishment and perhaps even social unrest.

Narrated by Daniella Bassi.

Original Article: "Why This Bubble Economy Keeps Going and Going"

Note: The views expressed on are not necessarily those of the Mises Institute.

Thorsten Polleit

Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.

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