GO CORONA GO
Girls you are Projected trajectory of coronavirus spread
cause your curves are anything but flat(Lmao). Jokes apart. This virus which is
billion times smaller than a human being has forced a billion of humans locked
up in fear leading to lockdown of the whole country of fuckin 1.3 billion
people and has bought world to its knees.
We are currently witnessing that people are panicking in the
entire world from Coronavirus. This same panic has caused the Indian market
crash! This can be made out from the fact that market started falling
drastically when the first case of Coronavirus was reported in India. We also
cannot ignore the fact that Coronavirus has affected industries across the
globe and as a result it has adversely affected the global economy.
More than half of the global population doesn’t know how to
swim though it is a life skill, according to a report. That’s a problem but
there’s more to it. It has been scientifically proven that more than the deep
waters, it’s the panic that kills people. Whenever a person gets stuck in water
and has no other option but to swim, in most of the cases it so happens that
the person starts panicking and assuming that he/she will die. Because of this,
the person reduces his chance of survival and dies.This shows how important
sentiment could be. Sentiment is one of the most prominent factors that led to
the recent stock market crash. Not in the long term, but sentiment does affect
the market in the short term. And that extent has been shown in the recent
market crash. That sentiment could be compared with the panic that I mentioned
earlier.
Travel and tourism, hospitality, entertainment &
leisure, food etc. all these industries are suffering from the impact of
Coronavirus and they do not look to get respite anytime soon. Quarantines, Lockdown of public places and social distancing is just adding to the
negativity of sentiment. So, when the epidemic entered India, investors started
running away with their tails down (started panicking and selling off their
investments generally the FIIs).
Data relating to economic scenario is even worse the Chinese
virus has so far affected India's manufacturing and exports sectors — notably
medicines, electronics, textiles and chemicals. The govt said it was taking all
necessary steps to protect Indian industry from the threat, especially in the
area of intermediate goods where $30 billion worth of bilateral trade happens
every year.
India is into a Lockdown for next 21 days
and PM has asked
every Indian to stay and home and not panic. Indian railways had came up with
the tweet message yesterday stating that Indian railways never stopped even
during the war. Please understand the seriousness of the circumstances
#STAYATHOME. I urge everyone to stay at home and control the spread of this
Virus.
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