The worst economic collapse ever?
The global collapse would bring in its wake massive unemployment, poverty and the re-structuring of our whole social and economic order.
The global collapse would bring in its wake massive unemployment, poverty and the re-structuring of our whole social and economic order.
The 2019-nCov pandemic has ravaged the world economy since February. On the 9th of March, we published forecasts assessing the likely impact of the outbreak going forward under various scenarios. We will publish updated forecasts in a series of Deprcon Special Issues. This is the first of those updates.
We have been warning about the impending economic crisis since March 2017. Central bankers and Chinese leaders have been able to postpone the onset of the crisis for…
As shown by the ghastly February PMI prints from China, the coronavirus is about to hit the global economy like a sledgehammer. It has already caused serious disruption in production, air travel and commerce worldwide. And more is on the way.
Howe…