How Badly Will Capitalist Economies Be Hit By the Coronavirus?

How badly will the capitalist economies be hit by the coronavirus? This article predicts major supply chain disruptions which will lead to a collapse in consumer demand. In addition, the expanding “non-performing” loans of capitalism are also a ticking bomb. After dismissing both the Republican and Democratic proposals for what to do, Jack Rasmus lays out his own program for what should be done.

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