The Economic Consequences of Coronavirus

from Líderes del Futuro · host Rafael Vazquez

Many news outlets are blaming the Coronavirus for a recession.  In reality, many of us have been talking about the fact that a recession started in June of 2019.  Millions of individuals were 3 months late in their car payments and mortgages.  Inflation was increasing and many individuals were not getting a pay increase.  Coronavirus has only pushed this forward faster, but the issues were there.  This is the time to save and for a few, the time to invest.

What this episode covers

Many news outlets are blaming the Coronavirus for a recession. In reality, many of us have been talking about the fact that a recession started in June of 2019. Millions of individuals were 3 months late in their car payments and mortgages. Inflation was increasing and many individuals were not getting a pay increase. Coronavirus has only pushed this forward faster, but the issues were there. This is the time to save and for a few, the time to invest.

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The Economic Consequences of Coronavirus

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This episode was published on March 10, 2020.

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