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Jul 03, 2020 | Media Coverage

“This time it’s different.” How the coronavirus crisis differs from other global slowdowns

Steven Dooley, Currency Strategist at Western Union Business Solutions discusses how the current economic slowdown due to the global pandemic is both different and similar to prior downturns.

History tends to move in cycles – and often the cycles seem very similar.

It’s for this reason that the phrase “this time it’s different” is often met with scepticism from financial market professionals. The same scenarios play-out time and time again in markets. It usually isn’t different.

Read the entire article at Global Banking and Finance Review