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Saturday, March 14, 2020

Coronavirus will bankrupt more people than it kills — and that's the real global emergency

Coronavirus’s economic danger is exponentially greater than its health risks to the public. If the virus does directly affect your life, it is most likely to be through stopping you going to work, forcing your employer to make you redundant, or bankrupting your business.

The trillions of dollars wiped from financial markets this week will be just the beginning, if our governments do not step in. And if President Trump continues to stumble in his handling of the situation, it may well affect his chances of re-election. Joe Biden in particular has identified Covid-19 as a weakness for Trump, promising “steady, reassuring” leadership during America’s hour of need.

Worldwide, Covid-19 has killed 4,389 with 31 US deaths as of today. But it will economically cripple millions, especially since the epidemic has formed a perfect storm with stock market crashes, an oil war between Russia and Saudi Arabia, and the spilling over of an actual war in Syria into another potential migrant crisis.

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6 comments:

Anonymous said...

He should have ignored it like the media and Biden did with the swine flu.

Anonymous said...

The Independent states that Trump's weakness is the Coronvirous. Can you think of anyone stronger? Would you want Biden to guide us socially and economically through this pandemic? I don't. I'm glad Trump is in office - he is for the people.

Anonymous said...

The market went up almost 2000 points on Friday after he gave his speech reassuring the public that the he and the government had it under control. Figures the article is 2 days old.

Anyway, I was cleaning the tires on my car with my microfiber towels and they were getting grease all over them. I had trouble cleaning the grease off the towels, and then I thought, add dawn liquid soap to the wash with the regular soap. Voila!!! The towels came out clean!
What was this article about again. The virus? Anyway, how do you get the grease off your towels?

Anonymous said...

I have been saying this and believe it 100%. Unfortunately, by the time people realize what happened, those businesses will be gone....and most of them are small businesses. What a hype!!!!

Anonymous said...

March 14, 2020 at 11:47 PM Simple Green?

Anonymous said...

It's truly sad how corrupt our country and the world have become.