For the first time in modern history, we’re seeing just how quickly society can be brought to its knees, this time without swords, without guns or nuclear missiles.
As of making this video it’s hard to calculate the exact amount of economic loss that is being occurred right now, because the number is quickly accelerating. Oxford economics put the loss of output alone at around 1.1 trillion dollars, that’s the number of money we stopped generating since the pandemic went in full swing.
Let’s look at the us for example: as of February 2018, the entire US stock market was valued at $30.1 trillion dollars.
In the last 45 days, the US stock market lost 35% of it’s value, with a safe to say 10 trillion dollars in losses.
Quick to spread viruses have vast economic impacts. They destabilize economies, cause death and put the world into chaos.
This time it happened to be an accident, hopefully, but every military in the world is getting a crash course on pandemics right now, opening a Pandora’s box of new weaponry. How can we stop a country like North Korea not to use any weapon at its disposal if it feel threatened?! Who is going to oversee that a terrorist group isn’t working on bio-warfare of its own?
The first confirmed case was on December 1st in Wuhan, China. As of making this video, it’s not even the end of March and the world is in full panic mode. It took less than 4 months to go from a single individual to an international threat (some might say, Threat Level Midnight!)
This is part 9 out of 15 about a discussion on the world in the context of the coronavirus pandemic.