While the deep, structural damage inflicted by the first round of lockdowns had already darkened the global economic outlook, more countries are now doubling down. Europe is on track for a double-dip recession, while the outlook for the US could be weighed down more by the promised policy changes of a Biden/Harris administration. In this Digger, on top of historic tax increases and a surge in state interventionism, we examine the very real risk of a total, national economic shutdown. We’ll also look at the retirement crisis, another major risk factor that the pandemic massively escalated, and how Americans can invest IRA funds outside of their country.
Download Digger Q4 2020
Download PDF • 2.09MB