Search
AI-powered search, human-powered content.
scroll to top arrow or icon

Financial Historian: COVID-19 Economic Depression

Financial Historian: COVID-19 Economic Depression
Financial Historian: COVID-19 Economic Depression | Tooze Sees Prolonged Unemployment | GZERO World

While some European economies have experienced depression in modern times, the US hasn't seen one since the 1930s. In a conversation with Ian Bremmer for GZERO World, Economic Historian Adam Tooze points to a dangerous mix of rising unemployment, skittish investors, and a lack of a social safety net as signs that it's time to discuss the possibility of prolonged economic depression.