Will virus scare cause serious economic problems?


Silver Surfer

Well-known member
Jan 19, 2020
195
24
Apart from the health issues regarding the new coronavirus, there is also a potential economic issue.

The first major airlines have stopped flying to China and more will follow.

Airline employees are putting their feet down and demanding that their bosses halt flights to China, as more than a dozen airlines around the world have already done. Air France cabin crew unions have demanded Air France stop flying to China, Reuters reports.

In China loads of factories are closed because people are staying indoors.

All these things must have terrible consequences for the world economy.

Even complete cruiseships with 6000 people on board are stopped.


So what do you think will happen to the economy?

 

Sparhawk

Administrator
Staff member
Jan 18, 2020
235
23
35
USA
You usually do see a kind of domino- or ripple effect with these types of things. Often, there are knock-on effects with regards to the economy and various marketplace sectors due to the spread of something like a nasty virus. I'm not sure how devastating the coronavirus will ultimately prove to be, and I suppose how dangerous it winds up being will determine the seriousness of these effects. It doesn't seem to be quite as scary as Ebola yet.

 

Silver Surfer

Well-known member
Jan 19, 2020
195
24
From an economic point of view this virus has had a bigger impact on the economy then ebola. Now the whole world seems te be very jumpy and the US has now confirmed its first human to human transmission.

 Rumors that surfaced in recent days have been confirmed: the CDC said Thursday afternoon they have confirmed human-to-human transmission of the coronavirus in Chicago - meaning the US has now joined Germany, Japan, South Korea and Thailand in having confirmed human-to-human transmission outside China.

 

JohnD

Member
Jan 27, 2020
20
2
Yes it will cuase economic problems. I happened 10 years ago and with the A-H1N1 virus, it caused a lot of loses, and was a tamer virus, ths new one is stronger and more dangerous, it will go worse for some months.

 

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