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IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis

IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis

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2 comments

  1. Makes sense, at the time of crisis. People were willing to work and earn in whatever way they could to revive economy.
    But now we are trapped.
    We need to plan our next development steps for better handling ourselves.
    Define a better living and working environment
    If people cannot work while being healthy. It’s not sustainable

  2. It was already not sustainable.. not even close. But now the downward spiral will accelerate toward collapse rapidly. Loans are already at 0% interest and they’re giving out free money. That’s bad. A huge red flag the entire system is folding. The stimulus will only serve to prop things up for a fleeting moment and slow the crash.

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