As we progress farther into the cycle of the Coronavirus it's important to look at facts to truly estimate how much we have/will be affected by this epidemic. Stock markets are feeling the impact and investors have their tails tucked in-between their legs, but just how far will this virus take the world economy? We see that stack markets worldwide have suffered and we also see that major conferences have been halted in the fear for the safety of corporate employees.
The question that stands at the end of all of this turmoil is how far will this go? How much will not only the US be affected, but the world economy as a whole? While Asia has taken the blunt end of the impact is it only a matter of time before the US is to come to the same fate or are we going to be able to stick it out until a solution is found? What do yo think? How do you think is everyone going to be affected and how long do you think it's going to take us to recover?
https://www.nytimes.com/2020/02/28/business/stock-market-today-coronavirus.html
1 comment:
I don't think that the US will be able to avoid the impact of the virus at all. I do not think that there will be many countries around the world that will not feel the impact. It will most likely take the economy much longer to recover from this then it took for us to get to where we are at. Only time will tell how long it'll take, and it's still spreading as well.
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