The Corona Crash: How Bad Will It Be? With Mark Blyth and Anne McElvoy
Intelligence Squared
00:00
Consumer Behavior and Economic Stability
This chapter explores the effects of constrained consumer behavior on overall economic consumption, discussing the balance between providing support during crises and the long-term implications of such measures. It analyzes the distinctions between economic downturns caused by the COVID-19 pandemic and previous financial crises, emphasizing the necessity of government intervention. Additionally, it touches on globalization and the evolving trade dynamics amidst the pandemic, highlighting the vulnerabilities of different economies and the potential inequalities that may emerge.
Transcript
Play full episode
