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