Economics
The Potential $1.5 Trillion Stimulus Plan Investors Are Missing
A vendor holds a pole that supports the awnings of his market stall as a train travels through the Maeklong Railway Market in Samut Songkram, Thailand.
Photographer: Dario Pignatelli/BloombergThis article is for subscribers only.
Global governments need to deploy Plan B to revive a lackluster world economy.
Reluctant to spend their way out of trouble even with rock-bottom borrowing costs and with central banks warning easy money can’t power expansion alone, political leaders may soon give up on demand and try to spur supply.