Debunking Economics - the podcast cover image

Why is the US economy doing so much better than Europe?

Debunking Economics - the podcast

CHAPTER

Contrasting Economic Responses: US vs. EU

This chapter explores the different economic strategies employed by the US and EU in response to COVID-19, comparing unemployment benefits and furlough systems. It analyzes the implications of these approaches on economic outcomes, particularly in countries like Germany and Spain. The discussion further critiques the rigid deficit rules of the EU and calls for a reevaluation of traditional economic theories to address contemporary challenges.

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