To address the devastating economic impacts of COVID-19 Western governments have unleashed an unprecedented wave of monetary and fiscal stimulus. The US stimulus package includes trillions of dollars of liquidity for financial markets, the direct purchase of billions in corporate debt by central banks, and billions more in low interest loans and wage supports for big businesses. Supporters of these measures believe they are vital to preventing a severe recession from turning into a Great Depression. Critics charge that we are repeating the mistakes of the Great Financial Crisis by once again bailing out big business on the backs of taxpayers.  In this episode of the Munk Debates Podcast, Nomi Prins, a former senior Wall Street insider, and Douglas Holtz-Eakin, former Director of the Congressional Budget Office, debate the essence of these two competing arguments.

Sources: CTV News, Global News, MSNBC, MSN, Bloomberg Politics, Quick News, CBS, WNCT-TV9, CNBC, Universal

To address the devastating economic impacts of COVID-19 Western governments have unleashed an unprecedented wave of monetary and fiscal stimulus. The US stimulus package includes trillions of dollars of liquidity for financial markets, the direct purchase of billions in corporate debt by central banks, and billions more in low interest loans and wage supports for big businesses. Supporters of these measures believe they are vital to preventing a severe recession from turning into a Great Depression. Critics charge that we are repeating the mistakes of the Great Financial Crisis by once again bailing out big business on the backs of taxpayers.&nbsp; In this episode of the Munk Debates Podcast, Nomi Prins, a former senior Wall Street insider, and Douglas Holtz-Eakin, former Director of the Congressional Budget Office, debate the essence of these two competing arguments. Sources: CTV News, Global News, MSNBC, MSN, Bloomberg Politics, Quick News, CBS, WNCT-TV9, CNBC, Universal

The Munk Debates podcast is an extension of the main stage events - in subject, speaker selection, tone and format. It will introduce the iconic brand - and its engaging debates about significant issues of our time. Audiences will hear strong and passionate arguments from both sides of an issue so they will have enough information to make up their own minds about where they stand.

The Munk Debates podcast is an extension of the main stage events - in subject, speaker selection, tone and format. It will introduce the iconic brand - and its engaging debates about significant issues of our time. Audiences will hear strong and passionate arguments from both sides of an issue so they will have enough information to make up their own minds about where they stand.

The Munk Debates Podcast

The Munk Debates Podcast is dedicated to convening civil and substantive debates and dialogues on the big issues of the day. Each debate features two compelling thinkers debating a topic driving the public conversation. Each dialogue features world-renowned thinkers offering unique insight into the issues affecting us most. The podcast is an extension of the charitable Munk Debates' commitment to pushing back against the political polarization and restoring the art of public debate in our time. For more information about the Munk Debates visit www.munkdebates.com/podcast

The Munk Debates Podcast is dedicated to convening civil and substantive debates and dialogues on the big issues of the day. Each debate features two compelling thinkers debating a topic driving the public conversation. Each dialogue features world-renowned thinkers offering unique insight into the issues affecting us most. The podcast is an extension of the charitable Munk Debates' commitment to pushing back against the political polarization and restoring the art of public debate in our time. For more information about the Munk Debates visit www.munkdebates.com/podcast

Advertisement