Could Corona Virus lead to a never before crash?

Dr. Jan Itor

Well-Known Member
The numbers are staggering if extrapolation is correct... there is a silverlining, though, of low mortality rate and that is the real act (grace) of God...
7.1% of Indian adults showed evidence of exposure to Covid by Aug: Report
ICMR chief said lockdown, containment and behavioral change at population level have effectively checked the potential spread of SARS-CoV2
 

AJK

Well-Known Member
This covid crisis would be over by 2-3 max 4 years. But this may not be the last crisis. Epic crises are yet to come. Climate change, which with the current rate of emission might get out of control beyond 2050. UN's Sustainable Development Goals and carbon neutrality by 2050 to this date might have been just web data for the world. We should plan ahead for that too... And there's in the next century, possibility of asteroid collision, for which NASA's Planetary Defence coordination office and B612 Foundation etc. are taking initiatives already. SpaceX's occupy mars (could be potential plan-B for survival of human race) could be an initiative thinking centuries ahead, whether Musk know or not i don't know. :)
 
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stoch

Active Member
Based on the fast and complete market rebound the worst is behind us and we are quickly recovering. Even in case of failure to develop and distribute vaccine in 2021 the world will be able to live and work with partial lockdowns and local outbreaks as China or South Korea examples show.
 
The world is entering a volatile and unstable new phase. Scientists are increasingly confident that the COVID-19 pandemic threat will persist, possibly for years. The global economy is headed for an economic nose dive that could rival, even exceed, the Great Depression. With supply chains fragmenting, food supplies coming under strain, and prices rising, the lights are flashing red.
Not only will this translate into rising unemployment and food insecurity, but it could quickly escalate into political unrest, violence, and conflict.
 

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