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Virtual: The Unique Trials & Challenges of the Pandemic on the Economy

Event Type: Adults
Date: 7/20/2020
Start Time: 7:00 PM
End Time: 8:00 PM
Description:
 If the decline in ‘08 and ‘09 is called “The Great Recession” then the episode in ‘20 should be called “The Greatest Recession.” It is the most damaging economic event since the Depression and truly qualifies as a Black Swan event on three levels – highly improbable, unpredictable & having a massive impact. Trillions of dollars have been spent trying to turn things around. That has elevated the already lofty federal deficit from $1 trillion to an unimaginable nearly $4 trillion. Could there be unintended consequences? When the pandemic ends will it be business as usual or will there be a new normal much less appealing? What happens if there is a 2nd wave? Dr. Dixon will offer his perspectives on what the future holds at a time when it is not hard to get the feeling things have spiraled out of control.
Fred Dixon has a PhD in economics & was economist for mega firms like Merrill Lynch in NYC. He ran his own consulting firm Economic Insights for years. He volunteered his time as an advisor to six governors over a span of 36 years on economic & financial matters.
Registration is required. Registration will close and locked 2 hours prior to the scheduled start time of the event. A Zoom link will be emailed to registrants 2 hours before the program starts. Make sure to check the email address you registered with to receive the link. You do not need a Zoom account to attend the virtual program.
Library: Chester County Library
Contact: Pam Marquette
Presenter: Fred Dixon
Status: Openings


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