Both our countries look already kaputt. Iran is particularly screwed because of bad economy and lack of healthcare infrastructure.
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Replying to @NegarestaniReza
Here the virus is spreading at an alarming velocity (we climbed the global charts in less than 24 hours). For now, our infrastructures are barely holding up, but the next days will be grim.
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Replying to @great_old_ones_
Iran scenario looks awful. Provinces far from Qom are now reporting cases which means it's now completely out of control. Some middle eastern countries have already suspended all flights to Iran.
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Replying to @NegarestaniReza @great_old_ones_
My guess is that all countries will begin to close their borders which then triggers a massive global recession.
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Replying to @great_old_ones_ @NegarestaniReza
City and region wide quarantines are already creating the effect of internal closed borders, which may be sufficient for a recession anyway due to supply chain disruption and demand collapsing
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Replying to @NicolasDVillar1 @great_old_ones_
East Asia at this point is almost a goner. Pharmaceuticals, electronics and auto-industry will be the first victims.
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Replying to @NegarestaniReza @great_old_ones_
US consumers and manufacturers depend heavily on imports from east Asia. As soon as we see impact on US labor market its game over for global economy
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Replying to @NicolasDVillar1 @great_old_ones_
I was talking to friends, they too think this is the end of this phase of globalization.
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Replying to @NegarestaniReza @NicolasDVillar1
It's definitely the perfect storm: strong nationalists sentiments already ingrained in the public discourse, widespread distrust of globalization, a tenacious virus.
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I was reading the news about the new wave of racism in Japan, South Korea and Canada. The situation is very much Plague Inc. at this point.
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Replying to @NegarestaniReza @great_old_ones_
Ironic then that it might be the same force that propels the left to power in the US. Trump is depending on good economy for reelection.
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Replying to @NicolasDVillar1 @great_old_ones_
My pessimist side is that the economic blow won't be delivered until he is elected for the second term.
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