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RE: IS YOUR JOB THREATENED? Consequences of coronavirus in more way than you actually think. LET ME TELL YOU WHY ....

in Project HOPE5 years ago

@crypto.piotr friend

I think your concern is very valid after seeing all the events that are happening minute by minute.
Of course, this will affect the world economy in every way, a stop company is a company that does not produce, and not necessarily manufacturing can be any type of company, including as an example that business you mention that depends on Chinese suppliers for stock your electronic components business.

This situation generates future unemployment and that for a country is terrible because it increases public spending, and creates the situation that you also mention, where the central bank prints more money and generates more inflation within that country.

This virus outbreak will affect all the economic foundations of many countries. in small, medium and large companies that depend on supplies that come from China.

I don't see anything encouraging this whole situation.

I share your concern.

Saludos. :)

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 5 years ago  

Thank you for your kind comment @lanzjoseg

Just like you said: 'this will affect the world economy in every way'

Difficult times ahead of all of us,
Yours, Piotr