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

May 06, 2020

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

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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?

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Patrick Pleul/Pool via REUTERS/File Photo

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

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

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More from GZERO Media

Author and tech analyst Dan Wang joins Ian Bremmer on the GZERO World Podcast to talk about the similarities between the US and China, and what Washington can learn from Beijing’s race to build the future.

On Ian Explains, Ian Bremmer breaks down how the US and China are both betting their futures on massive infrastructure booms, with China building cities and railways while America builds data centers and grid updates for AI. But are they building too much, too fast?

Former Swedish Prime Minister Carl Bildt asks whether the world is sliding back into the dangerous era of open nuclear weapons testing, and it all started with a misunderstanding by US President Donald Trump.

Don't let a chummy White House visit fool you. He's on the ropes.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

$1 trillion: Tesla shareholders approved a $1-trillion pay package for owner Elon Musk, a move that is set to make him the world’s first trillionaire – if the company meets certain targets. The pay will come in the form of stocks.

When it comes to global warming, the hottest ticket in the world right now is for the COP30 conference, which runs for the next week in Brazil. But with world leaders putting climate lower on the agenda, what can the conference achieve?

As the United Nations marks its 80th anniversary, UNCTAD Secretary-General Rebeca Grynspan argues that reform must begin with recognizing how much the world has changed since 1945.

Think you know what's going on around the world? Here's your chance to prove it.