Submitted by christian on Tue, 04/14/2020 - 15:56
The COVID-19 pandemic has wreaked havoc on the world economy and cast a staggering gloom over growth prospects far and wide, incurring a short-term collapse in global output and widening tolls on various industries and the masses.
Global growth will turn "sharply negative" in 2020, as COVID-19 has disrupted the world's social and economic order at lightning speed and on a scale that we have not seen in living memory. In fact, the IMF anticipates the worst economic fallout since the Great Depression.