Long-lasting global recession likely due to COVID-19, says World Economic Forum report

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Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday.

Two-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy top of their list of concerns for the next 18 months.

“The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the past,” said Saadia Zahidi, managing director of the World Economic Forum.

 

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China and the W.H.O. Lied MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY PEOPLE DIED

What a ridiculous thing to say. It's due to the majority of the world's response to the virus. Where has logic and common sense disappeared to?

But is it a recession due to covid-19, or just a recession with covid-19?

Could you also ask them to predict next week's lottery numbers? These guys seem to have supernatural powers of prediction

Guess I better be sad about that instead of reinvesting my resources

The entire world is going through a severe economic crisis amid the pandemic Latest updates | cases per million population👇 COVID Covid_19

Tell us something we don't know

Dah!

Fake news!!!

Doh!

By now everyone has realized

A brief look at the economic landscape after the pandemic ebbs:

'Getting stabbed repeatedly will likely cause serious bleeding,' says the surgeon general... Thank you so much for the new information!

More like PANIC-19

you don't say? you shut the economy down for 2 months and expect nothing to happen?

Well it’s not rocket science

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