The virus may prompt a severe recession that could erase much of the 11-year recovery.
Note EU-Digest: While the US Fed is pouring trillions of dollars into the financial system to prop up the US economy, it is also exposing the enormous damage successive US Governments have done in allowing the already disproportionate income gap between the "have and have nots" to grow, nearly beyond repair.
Read more at:
https://www.axios.com/the-next-dominoes-in-the-coronavirus-economy-b73d198b-6177-4d8b-bac8-d6ecb168e2c9.html
Note EU-Digest: While the US Fed is pouring trillions of dollars into the financial system to prop up the US economy, it is also exposing the enormous damage successive US Governments have done in allowing the already disproportionate income gap between the "have and have nots" to grow, nearly beyond repair.
Read more at:
https://www.axios.com/the-next-dominoes-in-the-coronavirus-economy-b73d198b-6177-4d8b-bac8-d6ecb168e2c9.html
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