Part 14/15:

He highlights that leaving a legacy of unaddressed issues—climate change, aging populations, and unsustainable debt—could hinder future growth and stability. There’s a moral obligation to ensure that today’s responses do not exacerbate problems for subsequent generations.

Optimism vs. Pessimism on Recovery

Concluding, Rajan offers a cautiously optimistic outlook. He believes that a recovery has already begun, but it will be uneven and fraught with crises in certain regions. Some economies will rebound quickly, while others face prolonged struggles, making the world more chaotic and unequal.