Mar 18, 2020

πŸ“‰ ~ (RT) The global economy was deathly sick long before now, but Covid-19 will take the blame if it crashes ~ |

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As economists begin to predict what the global economic effects of Covid-19 will be, the danger is we play up the economic damage of the virus while hiding the deep-rooted sources of our contemporary financial doldrums.

It is inevitable that economic forecasts of the impact of Covid-19 on the global economy are being revised daily, if not hourly. It is right that economic forecasters should be updating their predictions. But we all need to keep in mind that these revised forecasts are little more than guesswork – however sophisticated their computer modelling might be.(READ MORE)

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