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Adam Tooze

Chartbook Newsletter # 13: Europe needs to step on the gas

Before signing off to finish Shutdown (out in September!) I was worried about Europe. I still think we should be.

In 2020, the corona crisis delivered a devastating hit to both Italy and Spain . This comes on top of two previous shocks – 2008 and the eurozone crisis 2010-2013. The result is an alarming divergence in economic performance between the most troubled parts of the Eurozone, the rest of Europe and the United States.

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