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Flat White

How we’ve panicked ourselves into global recession – with all the health issues that will bring

13 March 2020

3:05 PM

13 March 2020

3:05 PM

Entire countries in lockdown, travel banned, events cancelled and now the Australian Formula One Grand Prix shut down all in the matter of a few weeks due to over 4,600 worldwide deaths.

All for the sole purpose of people’s health and safety.

Yet there hasn’t been any conversations about the intense repercussions of a severe global economic downturn. 

With all of the world’s decision-makers deciding lockdown is the correct approach, the signs point to the world entering another global recession with experts saying recent market crashes will continue as panic and alarmism spreads faster than the coronavirus itself.

When the closing bell rang on...

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