Great Depression 2? Worries about a coronavirus-induced American calamity pile up

This story is published in a content partnership with POLITICO. It was originally reported by Ben White on politico.com on March 23, 2020.Forecasts of doom for the American economy are quickly turning from grey to pitch black.As Congress haggles over a multitrillion-dollar coronavirus rescue package, analysts are warning the US could be facing a prolonged depression rather than the kind of short recession and swift bounce back that President Donald Trump and his top aides expect. And they’re…

from South China Morning Post https://bit.ly/3dqZC8M