There have been more than 300,000 Covid-19 cases and almost 15,000 deaths from the disease across 190 countries around the world so far. The predicament is that the public health solution to the pandemic is tantamount to an economic shutdown! Therein lies the major challenge in this war against this unseen enemy. These economic projections are made on the assumption that the pandemic, or the worst of it, will end before the year is out. The conclusion is that we are looking at the resulting economic crisis in the 12 or possibly 24 months beyond the pandemic.
Source: The Edge Markets March 31, 2020 03:33 UTC