Expert has predicted another Great depression due to coronavirus

the American futurologist Peter Schwartz warned that the world could plunge into another Great depression in the worst case scenario with the coronavirus.

according to Mirror, the specialist noted that it is important to find a vaccine against new infections, or have to live in a “world pandemic”. “And that’s the most likely scenario of economic depression and ongoing pandemic, where COVID is the new norm,” — said Schwartz.

the Futurist believes that the world is currently suffering from the four “cascading crises” — health, economic, social, and leadership.

“we had some economic crisis, trade war, which is now intensifying. Now the social crisis created by the movement Black Lives Matter. And, finally, the crisis of leadership in some countries”, — said the expert, stressing that the scenario of the great depression because of the pandemic of coronavirus.

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