Will There Be Another 2008 Crisis?

By Simone Gao

President Trump announced at a White House briefing that he was ready to invoke Korean War-Era Defense Production Act (DPA) to expand the supply of vital hospital equipment to deal with the COVID-19 outbreak. What’s the impact of that? The stock market on March 18 tanked after a one-day bounce. Are we going to see another 2008 economic recession?

In this episode of Zooming In with Simone Gao, we discuss these questions with Jack Maxey, co-host of War Room Pandemic.

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