Will coronavirus destroy the global economy?

Encyclopedia of Opinion

Question: Will coronavirus destroy the global economy?
Position‹3 of 4›: The economic impacts of the coronavirus are short-term

This position holds that the economic damage from coronavirus is only short-term. It argues that markets naturally fluctuate, and that the shock the pandemic dealt the global economy will stabilise as governments put measures in place to account for the illness.

Supporting arguments · 1

The virus 'shocked' markets, but this will stabilise
Historically, unforeseen circumstances have a negative impact on the economy. Yet as recent examples, such as Brexit, have evidenced - these are rarely long-lasting.