HOTTER ON METALS: Covid-19 response should be different from 2008-09

By IM Staff
Published: Wednesday, 15 April 2020

The Covid-19 pandemic has inevitably drawn comparison with the global financial crisis of 2008-09. But while there are similarities, the differences are greater, meaning the remedy needs to be different too.

By Andrea Hotter

Perhaps the biggest uniting factor between the two events is uncertainty.

Ask the head of a major commodities company in 2008, and they would have told you their biggest task was staying liquid, slashing costs and debts, and surviving. How long the crisis might last was anyone’s...

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