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Ian Bremmer: COVID-19 Economic Shock & What's to Come: Domestic, Global Decisions | GZERO World

The Great Depression proved a turning point in American policy. What will be the applicable lessons for this coronavirus crisis in 2020 and beyond? Ian Bremmer discusses.


Even before the coronavirus crisis hit, 40% of Americans said they would have difficulty paying an unexpected bill of $400. Since then, tens of millions of Americans have lost their jobs. Is the US headed for a 2nd Great Depression, as economists such as Joseph Stiglitz suggest? We've had to shut our economy down to slow the spread of the coronavirus. Will there be appetite for a new, New Deal? This crisis is different, with 2 emergency rate cuts from the Fed. And what will happen globally, where a multilateral solution will be more challenging?

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Live digital event | Time for nature: Turning biodiversity risk into opportunity | Wed, Dec 14 | 8 am EST

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Sign up for GZERO's newsletter, Signal