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“Forgive our debts”
Apr 2, 2020

“Forgive our debts”

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Does the COVID-19 economy need a widespread easing of debts? The official jobs report this week will not capture the entirety of the mess our economy is in.

Segments From this episode

Pay no attention to Friday's jobs numbers

Apr 2, 2020
The BLS monthly jobs report is based on surveys conducted in mid-March, before the recent wave of layoffs and furloughs.
Job listings are down in hospitality and travel during COVID-19. Above, a note of closure on the door of the Waterfront Hotel in Baltimore, Maryland, on March 19.
Jim Watson/AFP via Getty Images

How a debt jubilee could help the U.S. avert economic depression

Apr 2, 2020
One economist believes hope of avoiding a COVID-19 economic depression lies in full forgiveness of personal debts.
Joe Raedle/Getty Images

Music from the episode

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer