One Chart Shows Why a Global Economic Decline is Unavoidable

March 13, 2020

The COVID-19 outbreak has been officially declared a pandemic by the World Health Organization (WHO) as infections are beginning to spread rapidly in the US, Iran, and many European countries. Most of these countries lack the ability to evoke drastic measures like China, and we believe the outbreaks may already be uncontainable. Hence, a global economic decline is very likely as consumer sentiment sour and businesses shut down.

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