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An increase in travel and tourism over the last century has seen economies boom. According to the World Travel and Tourism Council, an authority on the industry, Travel and Tourism contributed USD 8.8 Trillion, and 319 million jobs to the world economy in 2018. The industry continues to grow and grew by 3.9% in 2018 …
Continue reading "Travel, the Spread of Contagions and the Economic Impact"
The WHO has declared the COVID19 (Coronavirus) a public health emergency, and with the spread of the virus we know that there will be a large economic fallout. The exact amount is difficult to quantify at this stage, but anecdotally there is plenty of evidence, and qualitative projections can prove that the COVID19 virus will …
Continue reading "Is the Coronavirus a Catalyst for the Great Depression of the 2020s"
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