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The Economic Impact of COVID So Far: Is Coronavirus Causing a Global Recession? - TLDR News
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Social Studies, Business
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11th Grade - University
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Hard
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The video explores the economic impact of COVID-19, highlighting the severe supply and demand shocks experienced globally. It discusses the OECD's forecasts for economic recovery, the role of savings, and government interventions like the furlough scheme. The long-term economic consequences, including potential unemployment spikes and impacts on developing countries, are also examined.
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