Post
Topic
Board Economics
Re: The Corona Pandemic economic guessing game
by
poodle63
on 18/04/2020, 11:17:03 UTC
Relatively recently, I expressed the opinion that there will not be such countries, but yesterday I read an article that almost all enterprises in Iran resumed work, despite the incompleteness due to the pandemic. They assume that the country simply has practically no reserves left and they are forced to return to work in order to avoid default.
Many countries actually consider such decision even in the US trump urge to reopen after going so much struggle, by simple logic we can assume that all the countries more specifically the developing and fragile ones will really have a hard time. This time is time of uncertainty it's like there's no good decision only bad and the worst.