The solution to bailout addiction is difficult but involves making it clear preemptively in good times that governments do not believe in bailouts, because once a crisis hits, finding solutions becomes very difficult and everyone scrambles.

normativepending

Speaker

Ruchir Sharma

Evidence Quote

for any incoming president...make it very clear that we do not believe in a bailout culture...preventively before in good times because once you have a crisis it becomes very difficult

Source

The real impact of growing budget deficits - Ruchir SharmaNorges Bank Investment Management
Created: 8/11/2026, 8:01:53 AM

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