Another week passed by and what was achieved in this week is difficult to pinpoint. The one conversation everyone seemed to be having revolved around CoVid-19 and the causes and impact of the same. Some of the theories were plausible and some were extended based on the beliefs of the people. The only thing I seem to really believe is that the impact would be more severe than we anticipate and we are underestimating the impact irrespective of whatever we think it to be. Most of the commentators are not taking into account the second and third-order impacts of the disruption of a global supply chain - a country impacting one-third of the global economy virtually shutdown for a month more than planned, will in the worst case affect global economy by at least ~1% (1/11 months). But given the impact on travel, meetings, fairs, conferences, etc. this will get exacerbated and that also needs to be factored in. We will wait and see how it plays out.
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