My Take: Macroeconomic uncertainty makes a return thanks to the coronavirus
GetFive
MARCH 9, 2020
In 2001, the recession was already in its sixth month when the attack occurred. GM introduced for the first time the no-interest loan in its “Keep America Rolling” plan, leveraging the Fed’s sharp rate cuts. In the wake of 9/11, there was patriotic call from authorities to go on with normal life, fly, attend sporting events, etc.
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