Globally, $15 trillion worth of debt will be required to finance the rescue plans. Some believe it only prolongs a financial crisis delaying the natural balance of the economy. Government spending as a possible bailout from the economic crisis was first advocated byJohn Maynard Keynes during the Great Depression of the 1930s. We do not take notice that the capitalist economic system is inherently crisis prone. World Economic Forum in 2017 has reported that fewer than 10% of the world’s public companies receive 80% of all profits.

Source: Dhaka Tribune May 30, 2020 15:56 UTC