World Politics
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Global depression | Economic Divide
Posted
April 16, 2020
Views
12
April 16, 2020
12
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25:01Now PlayingJobs have been lost, industries have halted, the production lines and businesses have gone bust and economies are crashing at a rate not seen on a scale this big for a century.
2008 saw the last global crisis, but it wasnt this big, and it was induced solely by the actions of one sector, namely the banking industry, today. We are seeing a whole new game, a crashed caused by a virus.
The impact has swept across the globe in a wave format from East to West, and with Europe being in the centre, it has faced some tragic consequences, from loss of life, to businesses leaving people turning to the state for sustenance.
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