Tag Archives: global trade

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    The Coronavirus Is A Nightmare For The Global Economy

    Trade is already being crippled. And there's no relief in sight.
    by Adam Taggart

    Saturday, February 8, 2020, 7:08 AM

    92

    As China has now placed hundreds of millions of its citizens under quarantine, its economy is grinding to a halt.

    Workers can’t leave their homes. Factories are idle. Most (if not all) of China’s ports are no longer shipping. International flights are increasingly banned from the country.

    When the world’s #2 economy hangs up a big “CLOSED” sign, that’s going to result in a major negative impact on global trade.

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