Yeah, not only is this a once in 100years event, it's also staggered in such a way that the Chinese manufacturing will likely be caught up by the time the European and North American economies are coming back to life.
> it's also staggered in such a way that the Chinese manufacturing will likely be caught up by the time the European and North American economies are coming back to life.
It's more difficult than that. Links in the supply chain aren't independent. Supply and demand must balance. Chinese manufacturing is spinning back up just as European and US demand is dropping. This will cause further damage to the companies on the supply side. And as Europe and US spin their economies back up, China may not be able to meet the growing demand in full. It'll take a while before this reaches something resembling an equilibrium.
SARS in 2003 and H1N1 in 2011(?) - in the age of increasing globalization and population it seems like odds of this are increasing, we have skirted and now had pandemics more than 1 in 100 years.
Global Viral Outbreaks Like Coronavirus, Once Rare, Will Become More Common: Urbanization, globalization and increased human consumption of animal proteins are driving a rise in epidemics
