Here’s What Happens When An Infected Market Meets A Pandemic Virus

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Here’s what happens when an infected market meets a pandemic virus:

Be It Via Shareholders’ Revolt Or A Chevron ‘2-For-1 Bid’, Vicki Hollub’s Occidental Tenure Is Nearing Its End

In a working paper for the US National Bureau of Economic Research authored by Victoria Fan, Dean Jamison and Larry Summers, they estimate the annual cost of pandemic flu to be between 0.2 to 2 percent of global income, similar to climate change, with some 700,000 deaths which, added to US$80 billion in income loss, take the figure to US$570 billion. A “moderately severe” pandemic could cause over two million deaths and cost four to five percent of global output, about US$4 trillion.

Markets became hooked, as the Financial Times’ Gillian Tett put it, on monetary “morphine,” and every time the Fed tried to back off, they freaked, forcing the sitting Chairman to come up with a new “monetary fix.”

 

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ok, it's not the flu. how are you employing a writer maintaining the suggestion that covid-19 is probably just flu. lol is it all media hype hahaha

Can't find any disinfectant even for my staff at work! COVID19nz

I know everything, also our state is free from corona virus. No problem.

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