Traditional Culture Encyclopedia - Travel guide - How do you view the bankruptcy tide of American enterprises, including ten large enterprises with 654.38 billion US dollars?
How do you view the bankruptcy tide of American enterprises, including ten large enterprises with 654.38 billion US dollars?
COVID-19 has caused a sharp drop in global energy demand. This year, oil prices plummeted and even experienced negative growth. The US oil industry accounts for 8% of GDP and employs as many as100000 people. Due to the drop in international oil prices, 33 American oil companies are facing the risk of bankruptcy.
The United States is the largest consumer market in the world, but it is also influenced by COVID-19. In the United States, 26,000 restaurants and 20,000 retail enterprises closed down, and 24 enterprises with assets exceeding $50 million filed for bankruptcy.
Tourism accounts for 7.8% of the American economy, but the existence of COVID-19 has caused countries to close their air routes, which has dealt a devastating blow to the inbound tourism in the United States. Even the domestic tourism industry has suffered heavy losses, and the economic loss will reach 1.2 trillion US dollars. There are 8 million people engaged in tourism-related industries in the United States, and the unemployment rate is as high as 50%.
With the outbreak of COVID-19, the economies of all countries suffered great losses. Although 400 enterprises in the United States are on the verge of bankruptcy or have filed for bankruptcy, after all, there are many family businesses in the United States, and the thin camel is bigger than the horse. The American economy is fully capable of supporting it. Moreover, even though the unemployment rate in the United States is rising, the government has distributed relief funds to the whole people, and the prices of food and meat products are cheap, ensuring the people's worry-free life.
There is no overall downward trend of the global COVID-19 epidemic, so the economic downturn in the United States will continue for some time. How to improve the economic strength and reduce the unemployment rate has also become the campaign plan of Trump and Biden.
The biggest advantage of the United States is to occupy the financial commanding heights. Trade wars can attract manufacturing industries to return to the United States, revitalize the American economy, reduce the unemployment rate, and print a large number of dollars to make the world pay for the American epidemic.
After the COVID-19 outbreak, the United States will adopt a more aggressive trade strategy. It is urgent to strengthen economic strength, and a trade war is inevitable. Moreover, after the epidemic is over, the consumption power will gradually recover, which will also stimulate the economic development of the United States.
In the United States, there are more than 6 million patients with COVID-19, and the death toll exceeds 6,543.8+800,000, which is such a huge impact. However, there are only over 400 bankrupt enterprises, which shows that the American economy is still very strong, and we still need to worry about the United States.
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