In the wake of the most severe recession since the 2008 financial crisis, even historically low interest rates and Biden’s unprecedented government expenditures might not be enough to protect the US economy from total collapse—at least not in the long term. With the unemployment rate finally recovering from historic highs and GDP growth back on […]
Tag: financial crisis
Rebuild and Recover
Rebuild and Recover: Earthquakes and Economic Crisis Strike Central Italy Central Italy is still reeling from a string of powerful earthquakes that rocked the region in late October. Dozens of hilltop towns were flattened, dealing further damage to communities already emptied by a grinding economic recession. Many villages were razed and almost 50,000 were displaced […]