Economy in Decline: Beyond Recession, Depression Possible in Coming Months
Published 3 May, 2020 18:00 | Updated 1 May, 2020 22:1630 million jobless claims have been filed since mid-March and the Fed estimates that the unemployment rate could hit 32 percent. Many economist fear the recession might soon turn into a depression. What do the coming months hold for the US economy and how is it weathering the coronavirus, compared to other economies around the world? To answer these questions, we are joined by ‘Boom Bust’ host Brent Jabbour. | Just Press Play has the best of in-depth reports, exclusive interviews and controversial issues you may have missed during the week on RT America.
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