Category Archives: Political Economy

A Global Recession Made In China

Stocks are crashing in every other country as the people are dying everywhere due to globally spread Wuhan virus technically termed by the World Health Organization as COVID-19. Just to prevent a complete collapse, exchanges temporarily stopped trading at certain stages.

This ‘Made in China’ global recession with a pandemic, is going to be really hard to contain because the governments would unusually work for shutting down businesses and making the customers absent other than spending billions of state funds to cope with the pandemic.