What will be the impact of Cornoavirus? 5 Trillion dollar world wide?
I don’t think anybody could predict accurately. 5 Trillions wiped out of stocks market worldwide and more to come since it has just started spreading in the US and Europe. I would say the economic impact could be 2-3 trillions( may be 5) worldwide if it goes till August /September. So many countries could be heading to recession if governments don’t interject money in the economy. Who knows new strain of COVID could start on coming flu season from September. They need to have drugs or vaccines Out STAT.
It should be close to 5-6 trillion.
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