Today, Explained cover image

The two trillion dollar question

Today, Explained

00:00

Economic Crisis and Recovery: Waves of Impact

This chapter examines the potential economic downturn prompted by a $2 trillion stimulus, drawing parallels to the 2008 recession. It outlines alarming forecasts of unemployment spikes and a dramatic GDP decline, while discussing the four waves of economic hardship expected to hit post-crisis. The urgency of addressing public health alongside economic stability is emphasized, highlighting the need for systemic support and transformative change in society's approach to welfare.

Play episode from 12:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app