-employment rates are falling down below 10%.
I think you mean unemployment rates there, because we're certainly not at 90% unemployment.
What do you guys think will happen to the US ? Will the recession continue to worsen ?
Personally, I don't think it will. The economy was going strong before COVID-19 hit, and that was reflected in the stock market. The pandemic happened and there was a panic; people lost their jobs, either temporarily or permanently; and the stock market took a beating (and so did bitcoin, btw).
Right now the S&P 500 is picking up right where it got knocked down from when the pandemic started, and I'm noticing restaurants opening back up and people are definitely not keeping to the social distancing guidelines anymore, and many people aren't even wearing masks. I think a lot of US citizens are waking up to the reality that this thing is nowhere near as bad as what everyone thought in the beginning.
The money-printing and interest rate stuff might have a serious effect on the economy, however. I just have no idea when we're going to start seeing that effect.