Recession or Depression? Why The United States Is At A Crossroads

Written by Barry Investment Advisors | Mar 27, 2020 4:26:39 PM

Historically speaking, pandemics typically don't cause economies to collapse all by themselves. Most often, it's the government's response to a pandemic that determines how severe the economic damage will be. As this piece from Barron's notes, America risks falling into an economic depression unless the federal government takes swift, decisive action — before it's too late.