Social Security recipients who don’t usually file tax returns will automatically get $1,200 payments, Treasury says in reversal
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PDF: https://bfi.uchicago.edu/wp-content/uploads/BFI_White-Paper_Dingel_Neiman_3.2020.pdf
This thread is a follow-up to the oil prices thread we had less than a month ago.
Australia has signed a stimulus package
So has the US (title) (link)
And Brazil (in portuguese)
So how are we feeling about this? Will the packages do their jobs and bandage the economy together until we stop the virus, are we headed towards a new great recession/depression, is this the nail in the coffin for the US as a political power (China has the virus under control in their nation and they're selling/giving out tons of masks so if the US economy is nuked and the Chinese only feel the trade effects then they can further empower themselves)