How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?
Until now, I still keep my opinion, 2021 will be a year full of changes for the world economy. Public debt in many major countries is gradually increasing and the Corona pandemic has made things worse. I guess this epidemic will last until the end of the year and all activities will not be able to return urgently. At that time, the economy will continue to operate slowly and will lead to an easy economic crisis. We should prepare for the worst situations.
It is unlikely that a light economic crisis awaits us. They predict the onset of one of the most severe global economic crises and much worse than it was in 2008. State economies can recover up to three years. However, no one knows how it will actually be, since the coronavirus pandemic has not yet ended. Repeated outbreaks are possible, and the coronavirus itself mutates. At the same time, according to Wanga’s prediction, the coronavirus should disappear as quickly as it started.