"A Staggering Number": Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP
June 21, 2020 at 13:13 PM EDT
The amount of total global stimulus, both fiscal and monetary, is now a "staggering" $18.4 trillion in 2020 consisting of $10.4 trillion in fiscal stimulus and $7.9tn in monetary stimulus - for a total of 20.8% of global GDP in the past 3 months.