Economies have capacity to work around blockages more than typically imagined, illustrated by fact that despite US strategic bombing of Germany in WWII it did remarkably little damage to German economic functioning
factualpending
Speaker
Lawrence SummersEvidence Quote
“economies probably have more capacity to work around blockages than we imagine.”
Source
Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)Created: 8/11/2026, 6:36:04 AM
My Notes
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