Why this could be worse than the Spanish flu

25 Mar

While viruses continually evolve, the human response to them remains a constant. Though we’d like to think that we’re more level-headed than our forebears one hundred years ago, our reaction to the relentless advance of Covid-19 bears striking resemblance to the hysteria surrounding the 1918 Spanish flu pandemic. Have we learned anything from past experience? […]

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Covid-19 has exposed our financial fragility

20 Mar

Financial markets have experienced the fastest ever crash over the past few weeks. Even during the dotcom bust and the Lehman crisis, stocks did not fall this quickly. In less than a month, we have seen major indices fall almost 30%, and stocks in sectors such as oil and travel down by 80%. We are […]

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