Tuesday, February 18, 2020

First Japan's economy was hit and now it's S. Korea's turn. The impact of the Coronavirus on the world economy has begun...

Interesting.  I've had a number of readers here state that the Coronavirus wouldn't affect the global economy.  Now we see this.  The dominoes are falling.  First Japan, now S. Korea.  We can expect to see Singapore, Malaysia, Australia, The Phillipines and others affected soon.

What should be concerning for many is that stuff like this has ripple effects.  From the potential for instability in less developed nations to changing the outcome of elections in the first world (like the presidential election in the US).

No comments :

Post a Comment

Note: Only a member of this blog may post a comment.