Russell Jaslow
Registered User
Re: nCoV 2019-2020 Outbreak
That's the way it was stated in the article, so what do I know? LOL
I took it is both stocks dropping (which of course can rebound) and money that could not be made because say factories had to shutdown. Whether that is ever recoverable is the question.
And yeah, in the grand scheme of things, it's a tiny amount.
I'm not sure that's quite how it works. That specific wording. Either it was never there and this is just lost productivity, which still means it's not real; the virus caused deflation, or the the money caught the virus and died. I'm guessing it's the first.
Plus, $40 billion is absolutely squat. The GDP of the world is $87 trillion. $40 billion is 0.05% of the global GDP.
That's the way it was stated in the article, so what do I know? LOL
I took it is both stocks dropping (which of course can rebound) and money that could not be made because say factories had to shutdown. Whether that is ever recoverable is the question.
And yeah, in the grand scheme of things, it's a tiny amount.
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