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RE: Are we going to experience another world-wide recession after covid-19?
Hi @mojubare
These are really difficult times and many countries have shut down their economies to extents we have never seen before. This is going to come at a huge economic cost and the question for me is just, how large will the recession be?
I don't think we will know for a few years whether the price was worth paying or not. There are still so many unknowns at the moment and no one quite knows where this will end. Many countries are very nervous about starting their economies back up again because they don't know the impact on health. There is no easy answer but what we do know is every day we dig a deeper financial hole that we will need to climb out of.
While some countries are concerned about the health and welfare of their citizens, other countries are trying to save the economy by relieving the lock down.
True - and there is probably no right answer until we look through the rearview mirror in the years to come.