Bloomberg Television
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Economies That Reopened Sooner Are Not Better Off: Summers
Posted
May 23, 2020
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9:30Now PlayingMay.22 -- Lawrence H. Summers, former U.S. Treasury Secretary, looks at Sweden as an example of an economy that did not see any material benefit from keeping its businesses open through the outbreak. He also cautions that people's fear to go shopping or dine in a restaurant could be a bigger threat to the economy than the lockdowns themselves.
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