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Michael Falk's avatar

#4 and #5 would happen regardless, even if speeding-up as a result. Vertical farming, 3-d printing, remote work and robots good, but... let's share concerns about the impact(s) on our humanity. Less direct contact with the "outside world" will impact cultures (micro and macro) more and more... and biasing to local away from global. Yet, we all share one planet.

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Jeffrey...'s avatar

There are also thousands and probably 10s of thousands small SME manufacturers that, in a country that's build on government loans, will have huge issues paying staff or even being able to keep them on without 6+weeks of production. Having savings isn't a huge thing in a developing country and China isn't an exception, so the stress and anxiety this will bring to the people and their families. The people are on terms with lesser freedom as long as the government gives them security and growth, the current situation may tip this balance.

The EU imported 45 billion dollars in 2019 from China. That's almost a billion dollars a week. We are looking at 6 weeks, minimum, were only a fraction of that will come in.

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