How Coronavirus is affecting global economy?
Our Global economy is much more fragile than many of us realise. Looking at the current bloodbath in the Global market this seems very accurate once quoted by Robert Kiyosaki . Never realised that natural disasters or pandemic like this can cause so much of ripple on global systems. Rapid national shutdown in China, EU , US and other developing countries has caused halt in production of products and services taking a toll on the economy. Thousands of people have lost their lives and many are in quarantine. This chain of infection needs to be broken and that seems and should be the priorities of the world. With unprecedented force and speed, a global economy has taken a pause. Quarantines, half-staffed factories and logistical bottlenecks inside China & other countries are affecting the movement of both finished goods & raw materials from these Chinese vendors that supply manufacturers across the globe. Border closure, Flight cancellations and Quarantine has brought t...