Why coronavirus recession recovery will be faster than Great Depression - Business Insider

. Legislators "have the power to make this recession one of the briefest" through stimulus targeted at the most battered areas, she added.

The threat is "easy to solve," Shierholz said, as "Congress could, in 10 minutes, write legislation to do that."Krugman echoed Shierholz's call, telling Business Insider that the "" states' budgets represent must be addressed in a new stimulus bill. State budget risks will persist months after the pandemic abates and they remain the next battlefield for a swift economic rebound, he added.

"Rising jobless numbers suggest that productive capacity is being eroded, so when self-isolation measures are eventually lifted, economic activity will take that much longer to get back on its feet," the strategist said in an email to Business Insider. "The chances of a V-shape economic recovery are fading."Stocks are technically back in a bull market, but Wall Street experts don't trust it.

A soaring economic rebound in the US has "a very low probability" due to the country being "a little late to the game with the testing case," Jack Janasiewicz, senior vice president at Natixis Advisors, said in an interview with Business Insider.

Hopefully it will be deep but short recession. The world now is completely different then 100 years ago

it will

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Why cruise lines will be loser in $500 billion corporate bailout program for coronavirus - Business InsiderThe largest cruise lines are incorporated outside the US. That means they won't be able to get a cut of the bailout money under Trump's stimulus law. Prison ships they flaunt tax avoidance and expect us to save them..good one I’m all for the $500 billion corporate loan program but these guys shouldn’t get a dime. Go to the country where you’re “headquarters are”.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Why coronavirus stock market crash is historic, has further to go: Raoul Pal - Business Insider'The whole world's f---ed': A former Goldman Sachs hedge fund chief says coronavirus fallout will cause the 'largest insolvency event in all history' — and warns of another 20% plunge in stocks 20% If we’re lucky. Sounds like something I would say, the worlds fucked !! Captain obvious shows up
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »