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RSS FeedsThe bill for saving the world economy is $7 trillion and rising
(WorldNews Business)

 
 

27 march 2020 17:51:55

 
The bill for saving the world economy is $7 trillion and rising
(WorldNews Business)
 


The United States, Europe, Japan, China and India are unleashing trillions of dollars in government spending and newly created money as they desperately attempt to keep the global economy from sinking into depression. The response to the coronavirus pandemic has been unprecedented in terms of speed and scale. Commitments from governments and central banks to date are close to $7 trillion, according to an analysis by CNN Business. The total includes government spending, loan guarantees and tax breaks, as well as money printing by central banks to buy assets such as bonds and stock funds. The...


 
28 viewsCategory: Business
 
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(WorldNews Business)
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(WorldNews Business)
 
 
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