FXStreet reports that analysts at Natixis believe the economic crisis triggered by the health crisis will be more severe in the United States than in the euro zone or China.
“The weakness of the healthcare system, as many Americans are without health coverage, and due to the low capacity of the healthcare system.”
“Low unemployment benefits, which will lead to a significant decline in Americans’ purchasing power given the inevitable rise in unemployment.”
“The drastic reaction by US companies in reducing employment as soon as activity declines, and which is not cushioned by the short-time working system available in Europe, will lead to a sharp rise in unemployment in the US.”
“Euro-zone companies are financed mainly by banks, US companies mainly in the bond market. It is easier to support bank lending than to keep the bond market open.”
“The rise in unemployment will trigger a banking crisis due to the resulting rise in defaults on household mortgages.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.