How deep will the depression occasioned by Covid-19 be?

by DiEM25 Communications

Coronavirus: The economic crisis – Just how bad will the downturn be and can anything be done to soften the blow?

Debate on BBC World Service’s THE REAL STORY

“The 2008 crisis has never really gone away, it has morphed into a different kind of beast. (…) What the virus did through its simultaneous attack of the supply side of the economy and the demand side of the economy; it burst a bubble that was already going to burst, or at least deflate. Now we have today a genuine existential crisis for the kind of model of the global economy that was being held as a ‘natural state of being’ (…) Now we have to reconsider our whole conception of the kind of world we live in.”
– Yanis Varoufakis

Contributors
Stephanie Flanders – head of Bloomberg Economics
Yanis Varoufakis – Greek economist, politician, secretary-general of DiEM25 who also served as Greek finance minister during 2015Linda Yueh – economist and author of the book: ‘The Great Economists’
Veronique de Rugy – a senior research fellow at the Mercatus Center at George Mason University in Washington DC
Also featuring …
Alistair Darling – British Chancellor of the Exchequer during the 2008 financial crisis

Do you want to be informed of DiEM25's actions? Sign up here

The mainstream media, not Corbyn, is the true cult endangering British politics

Neoliberal mainstream media is engorged on its profits in societies merging with a hell of poverty, austerity and destitution.

Read more
How to win it all and ruin everything: the Serbian elections and COVID-19

A rise in COVID-19 cases after the Serbian elections is the result of the irresponsible and power-ridden politics of president Aleksandar Vučić.

Read more
MeRA25’s legislative proposal to protect citizens and end austerity

The oligarchy without borders cannot afford to let Greeks gain control over their own Public Sector. Articulating democratic sovereignty in law ...

Read more
Due diligence, a step towards supply chain justice in fashion?

The new EU due diligence regulation must strive to address social inequality and environmental degradation engendered by the fashion industry.

Read more