Mastercard CEO: U.S. Needs New Fiscal Stimulus Quickly

The video discusses the four phases of managing a company during a crisis: containment, stabilization, normalization, and growth. It highlights the shift to a 'new normal' where traditional activities are replaced by virtual ones. The speaker analyzes economic trends, noting that while domestic consumer spending is stable, cross-border spending is affected. The video emphasizes the challenges faced by small businesses and the urgent need for fiscal stimulus to support them during the ongoing economic uncertainty.

What challenges are small businesses facing as mentioned in the text?

What is the significance of fiscal stimulus as discussed in the text?