This is my thirteenth blog related to the COVID-19 pandemic, and a few of the previous blogs had an underlying theme that the pandemic was a warning, possibly the last one before an all-out attack, of Mother Nature, telling man to stop its overexploration and start to live within his means. Why does man overexploitContinue reading “Why This Pandemic?”
Category Archives: Economy
Economic Perils of Gargantuan Proportions – Invisible Webs of Economic Linkages
The International Labour Organization, or the I.L.O., recently stated that 1.20 billion people out of the 3.30 billion working population would lose their jobs due to the pandemic. Is it an exaggerated figure or closer to an impending reality? Let’s look at it based on what is happening around us. I am working in theContinue reading “Economic Perils of Gargantuan Proportions – Invisible Webs of Economic Linkages”
Economic Perils of Gargantuan Proportions – The Great Suppression
It is for the first time in the modern era that the world is facing economic downturn due to an unconventional economic reason. We had witnessed conventional economic downturns like the Great Depression of 1929 and the Recession of 2008. Both resulted in the collapse of the world economy in varying degrees and wreaked havocContinue reading “Economic Perils of Gargantuan Proportions – The Great Suppression”
Economic Perils of Gargantuan Proportions – A Preview
COVID1-19 unleashed an unprecedented economic downslide. The world hovers dangerously on the precipice of a global economic recession. It’s skating on precariously thin ice that’s melting fast. The economic downturn promises to be a long drawn one with no hopes of an upturn anywhere on the horizon. In this series, I intend to look atContinue reading “Economic Perils of Gargantuan Proportions – A Preview”