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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?
In his latest Quick Take, Ian Bremmer examines the stability of US-China relations and why he believes the period of relative calm between the two countries may be coming to an end.
Prime Minister Anutin Charnvirakul quickly responded by vowing tougher gun-control legislation and a renewed crackdown on illegal weapons.
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US-backed negotiations are opening a possible path to democratic elections in Venezuela – even as the country’s most popular opposition leader remains outside the room.