Oh K, Lets Talk Economic Recovery
Unless you have embraced the saying “ignorance is bliss”, I am sure at one point or another you have heard an english letter used to describe a type of economic recovery. There has been a large focus on four “letters” of recovery, V, U, W and L. Each letter describes the shape that GDP growth could take after Covid-19 has taken its toll, and understanding the different economic factors that are pushing each type of recovery can help you be better prepared in these uncertain times. *Disclaimer: If you have a burning disdain for graphs… read no further. “V” shaped recovery is the golden child, the extra nugget with your…
Mark Zuckerberg COVID-19 Donation.
There has been some recent controversy on Twitter and Instagram regarding a donation of $25 Million made by the Chan Zuckerberg Initiative, a charity created by Mark Zuckerberg (Facebook founder and CEO) and his wife Priscilla Chan. This donation was made to a Therapeutics Accelerator which aims to speed up the development of a COVID-19 vaccine. It was created by the Bill & Melinda Gates Foundation, along with MasterCard and Wellcome. (See link for more details) People have scrutinized this donation, contrasting it to his net-worth saying that its the equivalent of an average person donating a few dollars. It is not the first time that there has been criticism…