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Global Recession 2020 | Explained by Dhruv Rathee

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IMF has now declared that the Global Economy is now in recession. This recession in 2020 is predicted to be worse than the 2008 financial crisis. In this video, i explain the economic impact of such a situation and compare the present situation with 2008 recession and the 1930 depression. I also advise you on some things you can do while most sectors are going through unprecedented job losses, layoffs and salary cuts in the whole job market. Moreover, I talk about the future impact of such an economic recession along with its impact on different sectors like pop culture, film industry, real estate, travel industry and education sector.

Credits to Neelkabir for research of this video. Follow him on Instagram for more informative updates - https://instagram.com/evolvideas?igshid=6uq0qaazg78z

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More videos by Dhruv Rathee
- Financial Education: https://www.youtube.com/playlist?list...
- Ground Reports from across the World: https://www.youtube.com/playlist?list...
- Indian Politics Videos: https://www.youtube.com/playlist?list...
- Educational Videos: https://www.youtube.com/playlist?list...
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शिक्षा - Education
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