The United States and the finances of the pandemic
During the pandemic, the United States and its institutions have taken measures that have had an impact on providing liquidity to the international system. In Latin America these have come through the IMF but also through agreements with the US central bank (FED).
In the context of the bankruptcy of companies, hotels, restaurant chains and the loss of investment grade, the US has seen a doubling of dividends per share versus earnings per share in banking. In these conditions, stock markets have, on the contrary, shown a strong recovery, even reaching new highs (Nasdaq).
The increase in liquidity by the FED and the central bank has allowed the stock exchanges to recover without a recovery in production, and high levels of unemployment, low levels of consumption and destruction of production, in a contradiction that leads to an increase in the already existing inequality.
