SPEAKER: Chris Douglas, University of Michigan-Flint
Various forecasts project GDP contracting by and unemployment increasing to Great Depression levels due to the COVID-19 shutdowns. Does this mean the U.S. will experience another Great Depression? This talk will discuss the COVID-19 recession in the context of the Great Depression and the 1973-75 and 1991 oil shocks, what we can learn from them, and why we should be optimistic that we will avoid another Great Depression. This talk will also discuss what the economic recovery might look like once the pandemic is brought under control.
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Saturday, May 16 at 1:00pm to 2:15pmVirtual Event