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File downloaded at: 09-30-2022
Rating of file: 8.3 / 10
Size of downloaded file, Mb: 6.08
Author of downloaded file: Xuuter
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Goldman says downturn will be 4 times worse than housing crisis, then an ‘unprecedented’ recovery
The global economic hit from the coronavirus crisis will likely be four times worse than the financial crisis and the U.S. will see its highest unemployment rate since World War II, according to a Goldman Sachs forecast.Read more
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The fast-spreading coronavirus has prompted many countries around the world to effectively shut down in order to contain the outbreak.Read more
The draconian measures have placed massive restrictions on the daily lives of hundreds of millions of people, from so-called lockdowns and school closures to strict regulations on social distancing and bans on public gatherings.