[W]e are talking about a huge crisis... It's been all encompassing because in other crises usually there's one bit of the economy that goes wrong... Oil prices go up, housing bubble collapses and so on, but this time... it's everything. It's about demand... production... the financial market... global supply chain... [A]s a result... the changes that we had to make... the kind of policies that governments have introduced to deal with this have been very very different and comprehensive compared to previous comparable crises.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "[W]e are talking about a huge crisis... It's been all encompassing because in other crises usually there's one bit of the economy that goes wrong... Oil prices go up, housing bubble collapses and so on, but this time... it's everything. It's about demand... production... the financial market... global supply chain... [A]s a result... the changes that we had to make... the kind of policies that governments have introduced to deal with this have been very very different and comprehensive compared to previous comparable crises." in the context of "" to mean that wisdom is timeless.