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Lv 7
. asked in Social ScienceEconomics · 1 month ago

How long will it take to feel the economic impact of the coronavirus?

And how will it affect our lives?

10 Answers

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  • 1 month ago
    Favorite Answer

    it's difficult to determine how long it will lasts ,it will depend on the situation and efforts of other countries ,I think that as long as work together to fight the spread of virus ,we must overcome this crisis ,thought many industry are take a huge hit ,such as retail sector ,hotel ,

    I am convinced that for some time to come ,many industries also bounce back from this sluggish recession ,

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  • 1 month ago

    Well the UK airline Flybe has just gone under due to the fall in air travel demand

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  • 1 month ago

    The pipeline from China to the US, which is usually jamming, is shrinking fast Nothing is coming into this country and you'll see shortages soon on items "Made In China."

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  • Oiy
    Lv 6
    1 month ago

    Don't you feel it? The policy rate has been reduced everywhere. And so is the GDP projection by international organizations such as the IMF. China is one of the big players now.

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  • 1 month ago

    It's already begun with the Stock Market today

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  • 1 month ago

    hopefully they'll get rid of it soon

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  • martin
    Lv 7
    1 month ago

    The impact will be upon the hospital corporations and the doctors, but it will be a slight impact.

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  • 1 month ago

    Most companies do not have a big warehouse of stuff, they try to just have enough to keep things running. So when making a car, parts arrive a day or two before they are needed. There is a constant flow down the pipeline. What China made a month ago is still arriving But now many of the factories are closed down so nothing is coming into the pipeline. You got about a week more before we are really going to feel the impact. Have a dog? Better make sure you have enough dog food.

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  • Dze
    Lv 7
    1 month ago

    depends on how they 'sell it' in the media here ... i take a look around and see nothing, so what are you going to believe ...

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  • Anonymous
    1 month ago

    The coronavirus is nothing more than a bad case of the flu.  Do you see everyone panicking every fall because 'flu season is coming'?

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