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Topic History of: US Economy
Max. showing the last 5 posts - (Last post first)
Author Message
Gael Vella When the US reopens fully, post-pandemic, at the beginning of July - it's GDP is likely to be higher than before the virus arrived.

Countries have borrowed to help their economies, pumping billions into world trade - as evidenced by stock markets hitting all time highs.


The biggest beneficiaries have been US multinationals who have absorbed a high proportion of these funds - which will be further enhanced by Biden's imminent multi-trillion dollar stimulus.

Share prices of Google, Apple, Facebook etc. have spiralled making the rich richer - and leaving the world's taxpayers to repay their countries' vastly increased National Debts.
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