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

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

Labour has given up on the climate crisis

On the same day that climate scientists announced the world had breached the warming limit of 1.5 degrees centigrade above pre-industrial ...

Read more

Navalny: Another victim of an authoritarian regime

Navalny paid for his outspoken views against Putin, yet this problem is not exclusive to Russia, with many others around the world suffering ...

Read more

Anti-war sociologist Boris Kagarlitsky sentenced to five years in prison

After initially being released from prison in December, Kagarlitsky has now been sentenced to five years in prison

Read more

Free Assange: Ulster/Uladh Collective’s on-street action on February 20

Members of the Ulster/Uladh Collective (Ireland) are arranging a Free Assange on-street action at Derry Peace Bridge on February 20

Read more