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Financial Historian: How Bad is the US' COVID-19 Economy?

Financial Historian: How Bad is the US' COVID-19 Economy? | Adam Tooze on the Crisis | GZERO World

In an interview with GZERO World host Ian Bremmer, economic historian Adam Tooze separates the hyperbole from the reality when it comes to the economic crisis. He says the world is in "new territory," and much uncertainty exists about when and how the situation improves. At the same time, the level of global financial stimulus is unprecedented.
How well will the US economy be able to digest the economic shocks being experienced now, and what will the consequences be in 18 months?
As America Turns 250, Ian explains why the country's current divisions aren't as unprecedented as they may seem.
GZERO World with Ian Bremmer is returning to your screens this week, kicking off Season 9 in a summer of sweltering global tensions. The United States is celebrating its 250th birthday, a war has reshaped the Middle East, AI is forcing humanity to confront profound ethical choices, and democracies around the world are bracing for what comes next. Host Ian Bremmer is here to make sense of it all.
The US president still has most of his term left and no shortage of disruptive fervor. But the fallout of the Liberation Day tariffs and the Iran war show that his power is limited – and it will be for the rest of his term.
Bill Maher says Donald Trump has pushed the limits of presidential power, but America's system of checks and balances is still holding.