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Financial Historian: How Bad is the US' COVID-19 Economy?

Financial Historian: How Bad is the US' COVID-19 Economy? | Adam Tooze on the Crisis | GZERO World

In an interview with GZERO World host Ian Bremmer, economic historian Adam Tooze separates the hyperbole from the reality when it comes to the economic crisis. He says the world is in "new territory," and much uncertainty exists about when and how the situation improves. At the same time, the level of global financial stimulus is unprecedented.
How well will the US economy be able to digest the economic shocks being experienced now, and what will the consequences be in 18 months?
Rising fuel costs, tariff pressures, and slowing payroll growth are reshaping how small businesses operate. As uncertainty builds, many businesses are prioritizing flexibility over expansion. Explore how business owners are navigating complex economic moments. Subscribe to Bank of America Institute to learn how small businesses are staying agile.
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The US and Iran are deadlocked over the Strait of Hormuz. Kori Schake and Ian Bremmer discuss what went wrong, and what Trump's options are.