02-04-2020, 10:30 AM
** 04-Feb-2020 World View: Asia's economic outlook
You wrote this on Sunday. Two days have passed since then. Do things
look any different today? Are restaurants starting to fill up again?
Are people beginning to shop again? Or are things getting worse and
worse?
Tiger Wrote:> Asia here. Again. The weekend saw a collapse in local business,
> unless your business was connected to food deliveries and selling
> clothing and shoes online. Stores are nearly empty as people are
> afraid to venture out from their homes. Restaurants are nearly
> empty, if not entirely empty. Many business owners sent their
> employees home early or gave them the weekend off. Many were told
> not to come in on Monday unless they were telephoned to do
> so. It's only a harbinger of what is to come.
> I don't live in China. I can assure you, this is the situation all
> over the region. Asia's economic outlook is catastrophically
> bad. I expect a quarter of all small businesses in this country to
> be bankrupt by spring, if this keeps up. If this isn't a 'Black
> Swan', then I can't imagine how terrible one would be witnessing
> after this.
> All this and I'll can think about is: I hope I don't get
> sick.
You wrote this on Sunday. Two days have passed since then. Do things
look any different today? Are restaurants starting to fill up again?
Are people beginning to shop again? Or are things getting worse and
worse?
