The Covid-19 pandemic is expected to widen the gap between the poor and rich creating massive inequality and high unemployment rates.
Although governments have announced stimulus packages, they may not be sufficient and may not be focused on the right areas of the economy.
Stephanie Kelton, professor of Economics and Public Policy at Stony Brook University, tweeted an article on how the Covid-19 outbreak is expected to result in massive inequality, homelessness and human suffering.
After the disease, massive inequality, deprivation, homelessness, human suffering, double-digit unemployment, a hundred million Americans without adequate health insurance, a climate crisis…. pic.twitter.com/ycQPrB3tTt
— Stephanie Kelton (@StephanieKelton) April 23, 2020
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData