Neil Dutta on Economic Research
Masters in Business
00:00
How Did You End Up at Renmach?
After the financial crisis, that was a very prominent example of what the US could turn into. But I think in many respects, because that example existed, that's why we, in fact, didn't end up that way. We sort of cleared out our banking system. We recapitalized our banks very rapidly compared to Japan. And by 2013, the household deleveraging was basically over, and the economy was gaining a lot of momentum.
Play episode from 12:44
Transcript
