A better bailout was possible during the financial crisis | George Soros

The Obama administration’s refusal to write down mortgage debts led to the rise of TrumpThe recent exchange between Joe Stiglitz and Larry Summers about “secular stagnation” and its relation to the tepid economic recovery after the 2008-09 financial crisis is an important one. History does not repeat itself, but it rhymes, Mark Twain reportedly once said. But, to paraphrase Bob Dylan, in light of our recent economic history, history doesn’t rhyme, it swears.Stiglitz and S