"If The Fool persists in his Folly he will become wise." - William Blake
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5 charts show why the global economy is more vulnerable now than during SARS
As authorities in China race to contain the spread of a new coronavirus that has killed hundreds, investors are bracing for global economic fallout that some analysts said could be more severe than the SARS outbreak in 2003. SARS, which stands for severe acute respiratory syndrome, first emerged in China’s Guangdong province before spreading to other countries. The virus claimed around 800 lives worldwide and shaved 0.5 to 1 percentage points off China’s growth in 2003, according to various estimates. But the new coronavirus — believed to have originated in Wuhan city — has struck China at a time when its ... (full story)
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