3 ms·
Beyond what is obvious (airlines, restaurants, hotels, retail etc are not contributing to the economy at the moment) I don’t think there will be a broader reces
by chvid 7y ago
Beyond what is obvious (airlines, restaurants, hotels, retail etc are not contributing to the economy at the moment) I don’t think there will be a broader recession.
The bailout packages may lead to higher interest rates due to government borrowing but inflation is probably in check due to low demand.