World economy in free fall as central banks desperately scramble for a solution
Nearly 17 million Americans have filed for unemployment benefits in the past three weeks--numbers not seen since the Great Depression. Congress, the White House, and the Federal Reserve have all moved to soften the blow by spending vast amounts of borrowed money and trying to provide a buffer for businesses small and large alike. But is it enough to stop the country from going into another depression? Dr. Jack Rasmus, a professor of economics at Saint Mary's College of California and author of “The Scourge of Neo-Liberalism: US policy from Reagan to Trump” whose work is at www.jackrasmus.com, joins the show.