The lockdown has been a tough blow, but everyone knows that the second punch of the one-two combination will follow — the economic impact. In the United States, the largest economy in the world, a Washington Post columnist is talking about a depression there. In China, the second-largest economy, there are talks of a negative growth in the first quarter, its first contraction since 1976. That is probably why some in government are looking to extend the quarantine, which is likely. Even if the quarantine slows down transmission, the fight is far from over.

Source: Manila Times April 04, 2020 16:18 UTC