Risk of reopening US economy too fast: A W-shaped recovery - WORLD NEWS

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Tuesday, 12 May 2020

Risk of reopening US economy too fast: A W-shaped recovery

Risk of reopening US economy too fast: A W-shaped recoveryWhen the coronavirus erupted in the United States, it triggered quarantines, travel curbs and business shutdowns. Many economists predicted a V-shaped journey for the economy: A sharp drop, then a quick bounce-back as the virus faded and the economy regained health. Now, as President Donald Trump and many Republicans press to reopen the economy, some experts see an ominous risk: That a too-hasty relaxation of social distancing could ignite a resurgence of COVID-19 cases by fall, sending the economy back into lockdown.




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