As of yesterday, Joe Biden is officially the new President of the USA. Biden wants to curb the consequences of the corona pandemic with a new economic stimulus package. How different or how similar will politics be under Joe Biden and what does that mean for the economy? The interview to listen to:
In cooperation with Börsen Radio Network AG
Dr. Jörg Krämer: “Biden’s policy will be predictable again and not as volatile as it was under Trump. This volatility has caused many problems in the economy, because companies need planning security. There is a great improvement here under Biden … the financial markets love it when politicians throw money around. But in my opinion these are mostly just flash in the pan that the state kindles and in the end high national debts are left over.