World Economy That Took Elevator Down Faces Steep Stairs Back Up

Posted on AllSides July 5th, 2020
From The Left

The world economy is entering the second half of 2020 still deeply weighed down by the coronavirus pandemic with a full recovery now ruled-out for this year and even a 2021 comeback dependent on a lot going right.

It’s a scenario few if any predicted at the start of the year when most economists were banking on another year of expansion and a U.S. and China trade agreement was meant to give corporate and investor confidence a shot in the arm.

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https://www.bloomberg.com/news/articles/2020-07-05/world-economy-that-took-elevator-down-faces-steep-stairs-back-up

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