Coronavirus in the USA: The BIGGEST FINANCIAL BAILOUT IN HISTORY? - VisualPolitik EN
April 23, 2020
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16:14Now PlayingCoronavirus in the USA: The BIGGEST FINANCIAL BAILOUT IN HISTORY? - VisualPolitik EN
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As country after country falls, the spread of Sars-Coronavirus-2 is crippling much of the world economy.
To curb the spread of the virus, states and public institutions have decreed all kinds of extraordinary measures including the confinement of entire populations to their homes, the closure of borders, and the paralysis of most commercial and industrial activity.
For example, the European Central Bank has prepared all its heavy artillery with an asset purchase plan worth 750 billion euros to prevent risk premiums from countries such as Spain or Italy from soaring into the stratosphere.
At the time of making this video, the country with the most coronavirus infections on the planet was the United States. Of course, the economic consequences are also beginning to be noticed there.
And this poses some serious questions:
What are the consequences of the spread of the virus? How does the United States plan to deal with the looming crisis? In this video, we'll tell you all the details about how the Trump Administration wants to make the U.S. economy better able to counter the coronavirus crisis.
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