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The Coronacrash, why the stock market slump is not yet over.

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  • The Coronacrash, why the stock market slump is not yet over.

    Supply chains have been broken, hotels have no more guests and the airlines are grumbling. But, is that all? Of course not! On Monday, the stock markets will continue their downward slide. There will be a small recovery in the middle of the week, but bad luck for those who get in. The next catastrophe is imminent. After China the virus will probably spread further in Korea, Iran, Japan and Italy. Then come the bordering countries.


    Virus expert D. Trump believes that the virus will die of its own accord as the temperature rises. How warm did he not say. But there are infected people in Africa, South America and Australia. It's actually not very cold there. Maybe Trump thought about the falling stock prices and took a quick countermeasure.
    After all, the Coronacrash has already reached the extent of the financial crisis of 2008.


    Now let's wait and see what records he breaks next week. By the way, we have a natural right to be pessimistic. Regarding the virus epidemic, the stock market crash and the climate catastrophe !

  • #2
    AW: The Coronacrash, why the stock market slump is not yet over.


    The Coronacrash, why the stock market slump is not yet over.


    There have already been massive measures taken by banks to alleviate the corona crisis and its effects on the economy. However, many experts believe that it is ultimately not possible to stop the corona crisis for a long time. At present, only the severe cases are listed in the statistics. Hence the likely decline in China. In fact, the virus is spreading all over the world. It puts an extreme strain on health care systems. In economic terms, the sales figures of cars, for example, are plummeting dramatically. In addition, supply chains are disrupted and some economies were already having problems before the virus outbreak. In Italy, the recession will be unstoppable. Japan had a minus of 6 % in its gross domestic product in 2019, etc.

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