(KFTK) – Fox Business Networks senior correspondent Charlie Gasparino said we have a liquidity crisis.
“I think we would be better off providing short term liquidity loans,” he said. “We’re going to get through it though, China is already through it.”
Gasparino is skeptical about giving each American $1000. He said it really won’t stimulate the economy like people hope.
“Throwing money at it won’t help the economy,” he said. “I just don’t think it’s worth it.”
The old financial crisis we had seemed very typical, Charlie explained. He said they were conventional.
“I don’t know how you deal with this,” he said on the COVID-19 economy.
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