The global economy is now entering the phase that I call “chaotic numbers.” We all know that the harsh lockdowns around the world have generated an economic meltdown in many countries. The world economy will improve after this coronavirus disease 2019 (Covid-19) downturn, and many countries will move forward as countries begin to open up again. The US has the biggest economy in the world and nobody really knows where its labor market is heading. The coming economic growth packages that will most likely be introduced in many countries are particularly important to assess. Surely, there is no doubt that the global economy will become more extreme and challenging as a consequence of Covid-19.

Source: Manila Times May 29, 2020 16:43 UTC