Your English writing platform
Discover LudwigExact(36)
Amid this financial bust, cleave to that.
Since this slowdown came from a financial bust, the outlook is particularly uncertain.
The hangover from the financial bust means the recovery will be muted.
For all its flaws, Japanese policy limited and contained the damage from a financial bust.
It prevented the biggest financial bust since the 1930s from triggering an economic catastrophe.
Paradoxically, the financial bust, by adding so much debt, may boost the chances of a breakthrough.
Similar(24)
Recoveries after financial busts are slow, as the private sector pays down debt.
That is the depressing conclusion from a growing body of research on the aftermath of big financial busts.
The grievous experience of two centuries of financial busts is that when the banking system is in difficulties the mess spreads.
Put differently, when dealing with major financial busts monetary policy addresses the symptoms rather than the underlying causes of the slow recovery.
Michael Bordo of Rutgers University and Christopher Meissner of the University of California, Davis, looked at 14 financial busts in rich countries between 1920 and 2008 and found that these crises were typically preceded by credit booms, but only occasionally by rising inequality.
More suggestions(1)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com