How ordinary people face the flood of change!

in #covid-195 years ago

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The outbreak affects people's lives. Economy, food, income, travel!
No one would have thought that the impact of the outbreak would be so great that it almost completely subverted the order of today's world.
Why do you say that?
In this outbreak, we can see that all international organizations have failed. The name looks great, like what the United Nations, the World Health Organization, the world and so on. There was no silence for a face. On the contrary, it does not give face, to do a lot of.

At the beginning of the outbreak, the world is watching China's joke, Asia here just improved, Europe began, either to grab supplies, or make a statement! Like this year's G20 meeting in Saudi Arabia, it's even more hilarious to talk about strengthening global co-operation. And when it comes to the stage, everyone has to "give priority to our country".

Engaged for half a day, on the stage hello I hello everyone, the stage to each other to tear down the stage, each other to calculate. Sure enough, you play the tactics dirty. In other words, after World War II, the global cooperation system that the world has spent decades building is gradually collapsing.

In recent months, the spread of the new corona epidemic around the world has seriously threatened the lives of people of all countries, impacted the economic, political, social and diplomatic relations of the international community, and posed multiple challenges to national governance and global governance.

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The most obvious is the economic downturn. Not a country, a region. It's the world!
Under the impact of the epidemic, there has been a different economic and social collapse from the traditional economic crisis. The world's major economies have been suspended in the spread of the epidemic, making the world economy already falling far more than the impact of the 2008 and 2009 financial crises. Many even believe that if the epidemic continues to spread, the world economy will decline more widely than the 1929-1933 crisis.

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And financial architecture and commodities.
This is reflected in several ways: first, the U.S. stock market in less than two weeks, four fuses; second, the sharp decline in national bond yields, and even the negative yield of individual government bonds; third, the sharp contraction in global liquidity, resulting in the dollar index breaking through 103; fourth, the collapse of oil prices, and the May WTI oil futures -34 dollars per barrel. These parameter changes have not been seen in history, indicating that the panic and financial vulnerability brought about by the outbreak have broken through history. The understanding of the future economy and society needs to break through the traditional cognitive framework.

We all know that the world economy began a long period of stagnation in 2008, and that this prolonged stagnation under the impact of the epidemic will not only continue, but will worsen. The growth rate of the world economy, the growth rate of each country is likely to decline further. At present, everyone is discussing whether the world economy is a V-type reversal, A-type adjustment or an L-type adjustment. The mainstream consensus is that a simple V-type rebound is difficult because the traditional structural and trendproblems facing the world economy have not been addressed, and the outbreak has not only worsened these old wounds, but has also added a lot of new harm.
The prolonged stagnation of the global economy after 2008 is rooted in several super-problems: the first is the ageing of the population; the second is the decline in the economic impact of technological progress; the third is the polarization of global income, which leads to a decline in global demand; the fourth is the high debt problem caused by the crisis in various countries; and fifth is the high debt problem caused by the crisis; and the fifth is the problem of the high debt problems caused by the crisis. Under the influence of the polarization of income distribution in various countries, populism in various countries began to flourish and protectionism began to rise, the sixth was the intensification of geopolitical conflicts under the influence of protectionism and isolationism, and the seventh was the rise of globalization against globalization under the dual effects of declining benefits of globalization and rising costs of globalization, and some industrial chains and value chains began to be super.
Are these problems solved now? The answer is that not only has not been solved, but has worsened.

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Finally, the focus on the safety of life, the prevention of the hand.
As countries around the world in the face of the outbreak of the level of response is becoming more and more disparity, many people generally have high hopes of developed countries are not satisfactory, and some people do not hope for the developing countries are showing a bright spot!
East Asia, Japan and South Korea's comparison is relished, people always think that Japan is higher than South Korea, whether it is the level of science and technology or the quality of the population, but this time the two countries' epidemic prevention capacity is the opposite. Japan is obsessed with the money-making obsession of the Olympics, and for months it has been reluctant to face the outbreak until the Games have been completely postponed, but the situation is already critical.
And the South Korean government in the spirit of responsibility for the lives of the people, decisive action to contain the spread of the epidemic from Daegu City to the whole country, becoming the second country after China to successfully fight the epidemic. Although Japan still ranks ahead of South Korea in the political order built by the United States, the economic prospects of the two countries are divided.
Among Southeast Asian countries, the Singapore government has always been known for its high level of governance, the initial stage of the outbreak, the country by virtue of the "Buddhist anti-epidemic", "inner loose external tightness" means to win the praise of many international organizations, but with the global spread of the epidemic, Singapore in the flood of imported cases, the emergence of extremely serious group infections in foreign workers, Singapore is now the most serious outbreak in Southeast Asia.
In contrast to Singapore, the original outbreak situation is not optimistic about the south-central Peninsula countries, such as Thailand and Malaysia, after a short period of panic, timely adoption of strict traffic control measures, the situation has been greatly improved, and even towards the stage of zero cases. Vietnam, Laos and Cambodia, by virtue of institutional superiority, took early action to stop the outbreak. The excellent performance of the countries of the Central and Southern Peninsula has also greatly alleviated the epidemic import pressure on the land border in southern China.

If the global data is compared, it takes a little time, just a few here! After the outbreak, countries in the layout of their own industrial chain and supply chain, security considerations will certainly increase, especially in the movement of people will pay more attention to health and safety, such as in the future may need to add health and safety signs on the visa. The global movement of people will slow down moderately, safely.

Today, the technological revolution has covered all industrial chains and supply chains. Scientific and technological factors are reshaping economic globalization and the global industrial structure. In the past, the main temptation of globalization was labour costs, and the future will be the technological content and talent factors.

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The new technological revolution will drive globalization irreversible unless a country does not want to develop its own economy, does not want to innovate its own industries, and does not want to keep up with the times.

The global supply chain will also be under the technological revolution under the great changes, network, digital, intelligent will make the global supply chain more modern.

The negative factors of globalization have been exposed completely by the new crown pneumonia, and the upcoming great changeof globalization is already a high probability event. But we need to calm down, and since shocks are inevitable, changeable globalisation is not necessarily a bad thing? After all, those hidden crises will eventually break out, and the hiding will not be avoided.

There are so many uncertainties in this world that we ordinary people should constantly cope with change, which is the eternal truth. Protect yourself!