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U.S. businesses need a $2 trillion bailout fund to avoid a possible ‘global depression,’ says Guggenheim’s Minerd
The economic pain caused by the continuing coronavirus epidemic could be even worse than the Great Financial Crisis. “If the United States is not already in a recession, it will enter one shortly,” Minerd wrote. “The risk is that for the first time since the 1930s we are facing the possibility of a downward spiral into something akin to a global recession,” he added.
https://finance.yahoo.com/m/b8d8867...47df/u.s.-businesses-need-a-$2.html?.tsrc=rss
The economic pain caused by the continuing coronavirus epidemic could be even worse than the Great Financial Crisis. “If the United States is not already in a recession, it will enter one shortly,” Minerd wrote. “The risk is that for the first time since the 1930s we are facing the possibility of a downward spiral into something akin to a global recession,” he added.
https://finance.yahoo.com/m/b8d8867...47df/u.s.-businesses-need-a-$2.html?.tsrc=rss
