A Waffle House in Decatur, GA is closed due to coronavirus.

A Waffle House in Decatur, GA is closed due to coronavirus.

Unemployment is skyrocketing, the global economy is turning inward and very few industries remain untouched as demand grinds to a halt.

Every week seems to bring a shocking new data point. The latest: yesterday the price of oil fell below zero – a sign of how deep the repercussions of this pandemic are – and how long they may last.

Neil Irwin is a senior economics correspondent for The New York Times. He says understanding exactly what’s going on is key to forming the right response.

Guests

  • Neil Irwin Senior economics correspondent, The New York Times

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