"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought."

Apr. 07, 2024

The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.

(In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.)

by Rudiger Dornbusch (1942-2002).


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