It definitely is
I mean, we're at the worst moment essentially, in the middle of a dying globalization at the end of all 7/10 years long cycles... 2008 and shit
We know they didn't fix shit since the last financial crisis, we dodged it by an inch, banks bailouts and all that
It's kind of like that italian bridge everybody knew was a disaster waiting to happen, with massive structural flaws, and nobody did shit to fix it for decades. Because you had millions of people a year going through that bridge, couldn't close it without halting the economy. And then one day it collapsed with people on it
https://pic8.co/sh/33GUu2.jpeg
...
Well same deal with the financial world, derivatives, sovereign debts and shit
And this virus?
Brings to a halt one of the main if not the main growth engine of the world. Import/export, manufacturing, worldwide, everybody buys and sell with china, I mean, it's china you don't need me to make drawing, everybody knows
And that's already bad like that, fucken bad considering the world economy is fragile due to financial mess/chain of debt
And then you have india... Yeah, what are the odds for india to catch the corona?
Of course you have africa... And the rest of the west, I mean, the shit is spreading hard adn fast, and what are you going to do? Business as usual? No. Otherwise foxconn and samsung factories would still be open, so it's game changer right there
Domino effect
I'm not saying there won't be opportunities for some or many, but what you get first is disruption/economic destruction, massive, defaults too evidently, and then restructuring eventually
4 month to come up with a vaccine which might very well render shit worse? Because that's the problem with corona shit... 4 months like that? Fugget about it, of course it's a disaster
Agreed
4 month to come up with a vaccine which might very well render shit worse?
That is without taking into account that the virus is able to mutate and will require new vaccines to be made.
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