How coronavirus turmoil differs from a financial crisis

Posted on

We’re not in a financial crisis, which means we don’t need the full arsenal of weaponry a financial crisis requires. Why it matters: Humanity needs to fight a virus, not a credit crunch. Our success or failure on the epidemiological front lines will ultimately determine the medium-term path of the U.S. and global economies.

Source: How coronavirus turmoil differs from a financial crisis

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s