Johan Norberg Johan Norberg

The great debt bubble of 2011

Have our governments averted a financial disaster – or paved the way for one?

Have our governments averted a financial disaster – or paved the way for one?

‘The worst of the storm has passed,’ declared Barack Obama at the start of last year, seeking to calm the fearful. For his part, Gordon Brown assured Britain that talk of tough years ahead was ‘simply not true’.

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