- The Global Financial Crisis was a ‘circuit breaker’ triggered by sub-prime mortgages.
- COVID-19 was a ‘circuit breaker’ triggered by a virus.
- The Aragalaya was a ‘circuit breaker’ triggered by economic mismanagement and corruption.
- When Mother Nature’s ‘circuit breaker’ is triggered, stimulus packages will not work. Not even IMF assistance.
MTI Strategic Reflections: Hilmy Cader
[email protected]
