How are countries all around the world trying to survive the Economic crisis and Recession?

The locked down due to the COVID-19 pandemic has created huge economic chaos and the worst hit since the Great Depression in the 1930s. This is a crisis like no other, and there is substantial uncertainty about its impact on people’s lives and livelihoods. An economic recession is unavoidable! But what is an economic recession?Continue reading “How are countries all around the world trying to survive the Economic crisis and Recession?”

Why serious shift towards more sustainable society has to include income equality?

Businesses are doing well but the workers are not necessarily sharing that prosperity. Inequality is everywhere! Income inequality is a three decades trend, reasons for this include technological advancement which replaces the workers, middle management involved getting huge profit margins, globalization leads to wealth transfer, changes in labor laws and international investment demanding short termContinue reading “Why serious shift towards more sustainable society has to include income equality?”

Why can’t the government print more money to tackle the Covid-19 crisis?

The economy is suffering ‘unprecedented collapse’ due to Covid-19 and most often question asked during this time is why the government can’t print more money to tackle this crisis. Before diving into that question let us equip ourselves with a few basic jargons of the economy and who controls our money? In simple words, moneyContinue reading “Why can’t the government print more money to tackle the Covid-19 crisis?”