The Covid-19 crisis could trigger a recession graver than the Great Depression of the 1930s, which has been regarded as the worst economic downturn in the 20th century.said the current crisis is unlike the Great Depression that was related to the stock market, which could be intervened through various government measures.
“It will be worse , because this time, the cause is beyond our control until we can perfect a vaccine,” he said in a live YouTube session with Creative Cloud Community yesterday. Mahathir said with businesses suffering from the current Covid-19 crisis, it is best that they adapt to the present circumstances and even consider going digital.
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