Coronavirus could cut global economic growth outlook in half! (Well that did not take long….)

By | March 3, 2020

Woke up this morning at 4 o’clock a.m. Moscow Time and read an article about what I was starting to express/warn about early yesterday morning…

Coronavirus the excuse that keeps on giving and giving…

Now the internet is exploding with financial doom and gloom and we will all die articles. These articles are building slowly and I suspect the crescendo will be something else to see…

With the outbreak of the novel coronavirus, the global economy is facing its greatest threat since the financial crisis, according to the Organization for Economic Co-operation and Development’s interim economic outlook, released Monday. “The virus risks giving a further blow to a global economy that was already weakened by trade and political tensions,” Laurence Boone, the OECD’s chief economist, said while presenting the findings during a teleconference Monday.

Source: Coronavirus could cut global economic growth outlook in half, OECD warns – ABC News

https://www.thetimes.co.uk/article/coronavirus-could-halve-global-growth-warns-oecd-ljnr9btrp

https://www.businesslive.co.za/bd/economy/2020-03-02-unchecked-coronavirus-could-halve-global-growth-oecd-warns/

https://www.forbes.com/sites/sarahhansen/2020/03/02/the-coronavirus-outbreak-could-cut-global-economic-growth-in-half-oecd-warns/#6cb8e34b46f8

China has started to get the virus under control and we find the west has now started to beat the virus will destroy the world drums. Seems to me that “beating the drums” over something in the western world is an illness in itself and the west does it a bunch…

WtR

Category: coronavirus Russia

About kKeeton

A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is Russian and she puts up with this bear of a man and keeps him in line...Thank God for my sweetie and Russia...kKEETON