Tag Archives: coronavirus

Dr Andy Xie: Three ways the coronavirus could trigger a global financial crisis – and why central bankers are to blame

Dr Andy Xie

In his most recent SCMP article, Dr Andy Xie details how the coronavirus (COVID-19) could trigger a global financial crisis. Dr Xie talked about the most vulnerable industries: tourism-related companies, commercial real estate sector and residential property market. He also discussed how cutting interest rates will not help these sectors, but it will boost speculation. […]

Michele Wucker: How Hard Will COVID-19 Slam the Global Economy?

Michele Wucker

Michele Wucker, author of Gray Rhino, shared her insights on the impact of COVID-19 on the Global Economy in her recent article published on Linkedin. So far, estimates of the hit that Chinese economic growth will take range from 0.2 to 0.8 percent, depending on whether the outbreak slows as spring arrives and temperatures increase, […]

Andy Xie: Luck may be the only thing standing between the coronavirus and a US stock market crash

Andy Xie

In his recent SCMP article, Andy Xie posited that the slowdown in Chinese manufacturing and ripple effect on global supply chains will hit the global economy hard, even if a recession can be avoided. He further emphasized that if the coronavirus outbreak cannot be contained by summer, a crash worse than the 2008 crisis awaits America’s […]