Raghuram Rajan, the University of Chicago economist who sounded a warning ahead of the 2008 debacle, says the U.S. isn’t currently in a full-blown financial crisis and could avoid a repeat of what happened 12 years ago by moving decisively to contain the coronavirus and the fallout.

Barron’s spoke with Rajan, who previously helped get India’s economy onto a more stable path as the head of the Reserve Bank of India and was also chief economist of the International Monetary Fund, to see how the U.S. can avert a global financial…

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Author: Reshma Kapadia

Source: Barrons: Economist Who Warned of 2008 Crisis Doesn’t See a Repeat — If the U.S. Takes These Steps

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