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Banks have entered this financial crisis in better health than the previous one. But how sick might they get? Emerging-market lockdowns match rich-world ones but their governments cannot afford such generous handouts. Nobel laureate Joseph Stiglitz explains how emerging economies might weather the pandemic. And how Silicon Valley's unicorns are losing their sheen. Simon Long hosts For more on the pandemic, see The Economist's coronavirus hub. And please subscribe to The Economist for full access to print, digital and audio editions:
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