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Tag: Trump

Economy and Finance

Beware, The Fed Predicts Tragedy in the US Economy.

Dark clouds are likely to remain clung to the economy of the United States (US). In fact, recovery is still far away and the economy could shift toward danger. This awful figure was repeated by Federal Reserve Chair Jerome Powell. At the yearly gathering of the National Association for Economics and Business, he said the expansion in crown contaminations was again the fundamental factor. "(The second flood of crown) fundamentally restricts financial movement, also the unfortunate impact on life and prosperity," said Powell, cited from CNN International Wednesday (7/10/2020). "Dealing with this danger as extension proceeds will require master clinical direction, including wearing covers and social separating measures." Powell also asked for more fiscal stimulus. This is important, he s...
Economy and Finance

The Impact of Covid-19 On The United States Economy And Trump

At the end of 2019, the world was shocked by the emergence of an epidemic of disease originating from the COVID-19 virus in Wuhan, China. The COVID-19 pandemic is a very serious threat to the health of world citizens and not only that, the existence of this pandemic has made a country experience a crisis due to the inability of community activities in that country so that the country's economy is hampered and even died. Covid-19 Pandemic Hit Trump Administration With a very high level of spread, the COVID-19 virus is rapidly spreading in various parts of the world, counting that to date more than thirty five million people have contracted COVID-19 in the world (WHO, 2020). The United States (US) is one of the countries that has not escaped the impact of the COVID-19 outbreak. Even t...
World

Trump Admits Intentionally Underestimating the Corona Virus

US President Donald Trump admitted, he deliberately underestimated how serious the threat posed by the corona virus was. The news comes from a preview of Rage's book, which was written by veteran journalist Bob Woodward in an interview on March 19. Based on the book, Trump actually understands that the corona virus is a dangerous disease. It's even more terrible than the flu. "it's a terrible threat. It's even worse than the flu you've been having," he said on February 7. However, in an interview with Woodward, referring to a book that will be published on September 15, he admitted that he deliberately played down his threat. "Until now I have tried to belittle him. Because I don't want to cause panic," said the 74-year-old president. He also revealed how the virus "gets in the air", al...