Pillager of the world: The economic impact of Covid 19

The 2019-nCov pandemic has ravaged the world economy since February. On the 9th of March, we published forecasts assessing the likely impact of the outbreak going forward under various scenarios. We will publish updated forecasts in a series of Deprcon Special Issues. This is the first of those updates.

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Financial markets are becoming unhinged

The massive emergency easing measures enacted by the Fed over the weekend to inject liquidity into the global financial system are a sign of sheer panic. Both their sheer scale, and radical extent–including cutting rates to zero, $700 billion in new…

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