Barron's on MarketWatch: How bad can economy get, and how well can it rebound?
When straightforward descriptions can’t adequately portray an event or phenomenon, metaphors abound. So it has been with the coronavirus’ devastating impact on society and the economy.
The pandemic has been called a war against an invisible enemy that therefore requires government mobilization. It has also been termed a natural disaster, but unlike earthquakes or hurricanes, it’s global and without a certain end date. Economically, it’s arguably a man-made misfortune because the lockdown of people and the virtual cessation... Subscribe or Sign In to continue reading.
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