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Why Bankruptcies Soar Despite Trillions Of Liquidity

Further read: https://www.dlacalle.com/en/bankruptcies-rise-despite-trillions-of-liquidity/
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Daniel Lacalle
Daniel Lacalle has a PhD in Economics and is author of Escape from the Central Bank Trap, Life in the Financial Markets, and The Energy World Is Flat.
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3 comments

  1. Carlos Martín

    Don't know much about Economics, but Lacalle sounds OK when I think about it. Common sense?

    1. hag12100

      I've a Bachelor's in Economics, he's spot-on; and one of the best European economists I've heard.

  2. Eric Anderson

    But how did we bounce back when nobody is driving around or flying or anything? Just because people kept getting paychecks? Where is the growth? Ive not gone out for real since March.

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