Global recession 'like a car crash without an airbag', says Swiss Re
The global recession triggered by Covid-19 is “like a crash without an airbag” according to Jérôme Jean Haegeli, group chief economist at Swiss Re.
“We are in a global recession, no question about it,” Haegeli stated on a conference call with journalists today. “In our view this is the biggest recession that we are experiencing in our lifetime
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