The world economy is now collapsing
The biggest crisis the world has confronted since the second world war and the biggest economic disaster since the Depression of the 1930s.
It will be impossible to reopen economies with a raging epidemic, increasing numbers of dead and pushing health systems into collapse. Even if we were allowed to buy or go back to work, many would not do so.
Martin Wolf 14 april 2020
It will be impossible to reopen economies with a raging epidemic, increasing numbers of dead and pushing health systems into collapse. Even if we were allowed to buy or go back to work, many would not do so.
Martin Wolf 14 april 2020
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