The Times view on crisis and capitalism

Image result for The Times view on crisis and capitalismThe global economy is in a sharp downturn, which is likely to turn into a steep recession. Investors know this. Hence stock markets have fallen precipitously in the past month. Governments and central banks have no chance of preventing a drop in economic activity, because the cure as well as the disease requires it. If the spread of Covid-19 is to be checked, then consumers have to stop going to shopping centres, theatres and cinemas, and cease going to work on public transport….more:THETIMES