Corona Bailouts: The Greatest MONETARY EXPERIMENT in History? - VisualPolitik EN
The coronavirus crisis is a harsh and unavoidable reality for economies and governments around the world. Measures taken to tackle the health crisis such as quarantine and business closures have not only sunk economic activity, but also tax revenues.
At the same time, governments are implementing all sorts of stimulus plans to try to get through the crisis. Less revenue and much more spending are stimulating the public accounts of many countries, including the United States.
But how do politicians hope to be able to finance the immense public spending plans they are approving to offset the problems brought with the coronavirus? How is it possible that so many countries are issuing debt at negative interest rates? Why are investors willing to pay money to finance states?
And what if we were to tell you that these two questions are closely related to the increase in the wealth gap that has been recorded in recent decades in developed countries.
Are you ready to get into the ins and outs of the global economic system?
Support us on Patreon!
https://www.patreon.com/VisualPolitik
And don't forget to visit our friend’s podcast, Reconsider Media:
https://www.reconsidermedia.com/
Видео Corona Bailouts: The Greatest MONETARY EXPERIMENT in History? - VisualPolitik EN канала VisualPolitik EN
At the same time, governments are implementing all sorts of stimulus plans to try to get through the crisis. Less revenue and much more spending are stimulating the public accounts of many countries, including the United States.
But how do politicians hope to be able to finance the immense public spending plans they are approving to offset the problems brought with the coronavirus? How is it possible that so many countries are issuing debt at negative interest rates? Why are investors willing to pay money to finance states?
And what if we were to tell you that these two questions are closely related to the increase in the wealth gap that has been recorded in recent decades in developed countries.
Are you ready to get into the ins and outs of the global economic system?
Support us on Patreon!
https://www.patreon.com/VisualPolitik
And don't forget to visit our friend’s podcast, Reconsider Media:
https://www.reconsidermedia.com/
Видео Corona Bailouts: The Greatest MONETARY EXPERIMENT in History? - VisualPolitik EN канала VisualPolitik EN
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