Unprecedented times call for unprecedented measures. As the saying goes, governments around the globe have taken drastic action to support their respective economies in the wake of the pandemic. Within the first two months of the crisis, more than $10 trillion in relief packages were announced worldwide. This was three times more than the response to the 2008-2009 financial crisis. As the leading world power, the US has already injected nearly 14% of last year’s GDP to rejuvenate its economy, according to Statista. This equates to about $3 trillion in money being printed. Stimulus packages as a share of GDP. Credit: Statista