Coronavirus pandemic will cost the US $16 trillion, say economists

(Natural News) The ongoing coronavirus pandemic will cost the U.S. $16 trillion – about four times the amount lost during the Great Recession of 2007 to 2009 – estimate Harvard University economists Lawrence Summers and David Cutler. In a paper published in the Journal of the American Medical Association, the economists wrote that “lost income from the COVID-19 induced recession” comprised approximately...

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