If you follow the Ray Dalio prediction, stocks market is not that sensitive to human death tollThe market will go through an emotional roller coastal but it will be okay.
Ray Dalio further added that it will be China and other developed countries that will come out okay, because they have the money and organization capacity to deal with it. China has less gdp per capita but it has a strong government that can mobilize resources quickly and enact drastic measures that other more democratic countries couldn’t.
It is the less developed places that we should worry about. They could be underreporting infection counts for not having the ability to track it at all.
Ray Dalio further added that it will be China and other developed countries that will come out okay, because they have the money and organization capacity to deal with it. China has less gdp per capita but it has a strong government that can mobilize resources quickly and enact drastic measures that other more democratic countries couldn’t.
It is the less developed places that we should worry about. They could be underreporting infection counts for not having the ability to track it at all.