War Analogy Unpacked
The ongoing crisis is likened to a war, with the economy facing fits and starts as society grapples with uncertainty. Without a vaccine, the feeling of normalcy remains elusive, and while treatments may improve, the shadow of the pandemic lingers. The analogy emphasizes that until a vaccine is available, the sense of victory will be incomplete, leaving many hesitant to fully engage in economic activities.In this clip
From this podcast

Animal Spirits Podcast
Some Good News (EP.136)
Related Questions