We’ve all seen the speculation about the coronavirus recently discovered (or should that be unleashed?) in China. The health issues are well-known, and are being very urgently addressed all over the world. What many people haven’t thought about (or, at least, not enough) is the economic impact. China is now the world’s largest or second-largest… Continue reading Coronavirus: the spiraling economic impact
Tag: Coronavirus
Coronavirus and the economy
We’re beginning to see the impact of China’s coronavirus outbreak on markets in that country and around the world. Already we’ve seen: Shipping rates have plummeted as demand for cargo space decreases; Air freight availability – critical for factories in Europe and America to maintain their “just-in-time” stocking levels of critical parts – is decreasing dramatically… Continue reading Coronavirus and the economy
Conspiracy theorists are making money out of the Wuhan coronavirus
I’m sick and tired of conspiracy theorists in general, and American capitalist ones in particular (those who use any and every crisis to stir up fear and uncertainty, usually in order to make money out of the gullible). Alex Jones and his Infowars Web site are prime examples, but there are many more out there.… Continue reading Conspiracy theorists are making money out of the Wuhan coronavirus