There could be 47 million people let go which would lead to an unemployment rate of 32.1%, higher than the Great Depression’s worst rate of 24.9%.
The distribution of economic impact payments will begin in the next three weeks and that they will be distributed automatically.
Global fund managers are convinced the world economy is already in recession, and recommended increasing bond holdings in March.
While the coronavirus has certainly disrupted lives around the globe, it may have revealed that the future of the workplace is virtual.