Post COVID Economics with Ron Howrigon
With the COVID-19 shutdown leading to over 10% unemployment and adding 2 trillion dollars to the national debt (from the “stimulus package”), the U.S. has entered “uncharted economic waters.” No major country in the world has ever been this upside down on debt-to-income ratio. All metrics point to a fiscal disaster much larger than the 2008 mortgage crisis, and substantially worse than the “Great Depression” of 1929. Today, health care economist, Ron Howrigon, author of Flatlining: How Healthcare Could Kill the US Economy, breaks it down by the numbers. Buckle up folks, winter is coming.
