ccp coronavirus, covid-19, economic fallout, gdfp forecasts, global economy, pmi data, unemployment

3 Points Explaining the Economic Fallout Caused by the CCP Virus

Many people think that the economic fallout caused by the CCP coronavirus outbreak will soon subside once the lockdowns are lifted. Unfortunately, this is not true. It could take at least a couple of years or even longer for the global economy to get back to pre-coronavirus growth levels. Until then, it will most likely ...

Max Lu

A bricklayer on a construction site.

CCP Coronavirus: The Biggest Economic Reversal Since the Great Depression

Any major pandemic not only creates a medical emergency but can also trigger an economic reversal that puts additional stress on individuals and governments. When it comes to the CCP coronavirus, it seems as if we might be headed toward one of the greatest economic reversals since the Great Depression, as per a forecast by ...

Jack Roberts

The New York Stock Exchange.

How the CCP Virus Has Disrupted Global Supply Chains

As factories have shut down and transportation is restricted due to the CCP coronavirus, global supply chains are now in tatters. Companies are unable to procure raw materials and components, thereby suffering from lower production and revenues. Some see the supply chain crisis as the first sign that the world has slipped into recession. The ...

Jack Roberts

A major shipping port.

Suing the CCP for Covering Up and Spreading the Coronavirus

Anger against the Chinese government has been growing worldwide after reports exposed how the communist regime delayed informing the world about the COVID-19 coronavirus outbreak. And now, numerous businesses are suing the CCP that seek financial compensation for mismanaging the viral outbreak, with some even demanding trillions of dollars. Businesses suing the CCP First, you ...

Jack Roberts

A court in session.

The Coronavirus Is Damaging Globalization

The coronavirus is not only challenging healthcare systems across the world, it is also damaging the idea of globalization. Factories and stores across China have largely remained closed after the Lunar New Year. This has affected the domestic economy and international markets that rely on China’s manufacturing prowess. A hit to globalization According to Neil ...

Jack Roberts

An empty Chinese factory.

How the Chinese Coronavirus Impacts Global Economies

The coronavirus outbreak has not only triggered a medical emergency, but it also has the potential to derail the global economy if it is not quickly contained. Experts have already warned about slower economic growth for the year. A study by the World Bank proposes that a severe pandemic could shave off 5 percent of ...

Jack Roberts

The New York Stock Exchange.

Is a Catastrophic Debt Wave Coming Our Way This Year?

It’s been more than a decade since the last global financial crisis shook the world economy and took us to the brink of chaos. Though the world recovered from the crisis, it seems as if we have a bigger problem on our hands. A recent report by the World Bank, called Global Waves of Debt, ...

Jack Roberts

Global waves of debt.

Did Colonialism Shape Today’s Inequality? An Analysis of India and China

The United States and Europe are the economic superpowers of the modern era. However, this was not so in the past. A look at the economic history of the world shows that countries like India and China have been the dominant economies for much of the past 2,000 years until the start of European colonialism, ...

Max Lu

British soldiers fighting Africans.