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Financial Historian: COVID-19 Economic Depression

Financial Historian: COVID-19 Economic Depression | Tooze Sees Prolonged Unemployment | GZERO World

While some European economies have experienced depression in modern times, the US hasn't seen one since the 1930s. In a conversation with Ian Bremmer for GZERO World, Economic Historian Adam Tooze points to a dangerous mix of rising unemployment, skittish investors, and a lack of a social safety net as signs that it's time to discuss the possibility of prolonged economic depression.
Can Washington turn military pressure into a diplomatic strategy? Brett McGurk joins Ian Bremmer on the GZERO World podcast to discuss the Iran war, Houthi attacks, and how elections in Israel and the US could reshape the region.
Think you know what's going on around the world? Here's your chance to prove it.
Canadian Prime Minister Mark Carney is in Turkey on Thursday for talks with President Recep Tayyip Erdogan - the visit is the first by a Canadian prime minister.