Coronavirus will bankrupt more people than it kills - and that's the real global emergency Coronavirus will bankrupt more people than it kills — and that's the real global emergency Coronavirus’s economic danger is exponentially greater than  its health risks to the public. If the virus does directly affect your life, it is most likely to be through stopping you going to work, forcing your employer to make you redundant, or bankrupting your business. The trillions of dollars wiped from financial markets this week will be just the beginning, if our governments do not step in. And if President Trump continues to stumble in his handling of the situation, it may well affect his chances of re-election. Joe Biden in particular has identified Covid-19 as a weakness for Trump, promising “steady, reassuring” leadership during America’s hour of need. Small businesses in particular are struggling as supply chains dry up, leaving them without products or essential materials. Factory closures in China have led to a record low in the country’s Purchasing Manager’s Index which measures manufacturing output. China is the world’s largest exporter and is responsible for a third of global manufacturing, so China’s problem is everyone’s problem — even in the midst of a trade war between the White House and Beijing. The stakes are higher this time, because there seems to be a coordinated effort to economically hurt many Western countries, and warn them away from the aggressive trade policies that Trump has so enthusiastically adopted. Although China bore the brunt of the virus’s economic and human cost, many in Beijing will see a silver lining in the weakening of the US economy, and a distraction from Trump’s trade wars that appeared to be escalating with no end in sight. The deep state is hard at work  https://www.msn.com/en-au/news/world/coronavirus-will-bankrupt-more-people-than-it-kills-—-and-thats-the-real-global-emergency/ar-BB116Wlf?ocid=sf&fbclid=IwAR2NwtGDmOtQD1CPEyyROcz2ophyZQOMt1jeqUlUYFY3B_jiOrfMGNuLGZQ