THE GLOBAL CRISIS

WELCOME TO ANALYTIQ

I SHOULD START THIS ARTICLE BY STATING THAT , IT IS THE COMBINATION OF CONSCIOUSNESS , SELF PROTECTION AND TRANQUILITY THAT WOULD HELP  TO DRIVE OUT THE VILE EFFECT OF  NOVEL COVID-19 THAT HAS CURRENTLY CURBED THE SOCIETY IN A VERY COMPACT MANNER. 


GREETINGS FROM ANALYTIQ. I THINK THE VERY BEGINNING OF THE YEAR 2020 HAS COME UP WITH A MENACING OR PERILOUS  FEELING THAT HAS NOW ARRESTED THE CROWD IN THEIR RESPECTIVE RESIDENCES. BUT THE EFFECT IS NOT LIMITED TO THIS EXTENT ONLY, IT HAS SEVERE IMPACT ON THE POLITICAL AND ECONOMIC SPHERES ALSO . 


THE COUNTRIES WITH MOST UPDATED AND ADVANCED MEDICAL FACILITIES ARE ALSO GOING THROUGH A GREAT HARDSHIP AND MISERY DUE TO THEIR INABILITY TO HANDLE AND CONTROL THE WIDESPREAD IMPACT OF THE MOST DEADLY VIRUS OF THIS CENTURY TILL DATE. MOST OF THE POTENT NATION ACROSS THE GLOBE INCLUDING THE PERMANENT NATIONS OF UN HAVE RETREATED INTO ISOLATION OR HAVE IMPOSED A FULL LOCK DOWN.

THERE HAS BEEN AROUND 5,37,331 POSITIVE CASES INCLUDING UK PM BORIS JOHNSON REPORTED TIIL DATE AND THE DEATH TOLL HAS RISEN TO 24,136 ACCORDING TO A SURVEY. ON A HIGH NOTE ,OVER 1,24,451 PEOPLE HAVE BEEN SUCCESSFULLY RECOVERED. IT WILL BE A COMPLICATED ISSUE OF TALKING ON THE TOPIC STATING "FROM WHERE IT GOT THE FUEL AND WITH WHAT INTENTION IT WAS INITIATED" . BUT IT WAS  FIRSTLY REPORTED FROM A CITY NAMED WUHAN IN CHINA



DUE TO THE PREVENTIVE STEPS TAKEN BY VARIOUS COUNTRIES AGAINST THE SPREAD OF COVID 19 , THERE ARE NUMEROUS BIG FIRMS AND LARGE CORPORATIONS THAT ARE FACING SEVERE CRISIS AND SETBACK LINKED TO THEIR GROWTH OF INVESTMENTS. THE TRAVEL RESTRICTIONS , WORK FROM HOME , SHUTTING  OF BIG FIRMS AND CANCELING OF SOCIAL AND BUSINESS GATHERING WILL SEVERELY AFFECT THE GLOBAL ECONOMY.


THE GREAT DEPRESSION OF 1929 STARTED AFTER STOCK MARKET CRASH WHICH SENT THE WALL STREET EXCHANGE INTO PANIC AND WIPED OUT VARIOUS INVESTORS AND LASTED AROUND 10 YEARS . AT THAT TIME ,THE MAIN CAUSE OF THE DEPRESSION WAS INDIRECTLY RELATED TO WORLD WAR I AND SEVERELY AFFECTED THE WORLD ECONOMY. TODAY , THE WORLD IS ALSO GOING THROUGH SIMILAR STATE, BUT THIS TIME THIS IS DUE TO THE WIDESPREAD IMPACT OF PANDEMIC. THEREFORE, THE PANDEMIC CAN BE EASILY COMPARED AND ANALYSED TO THE WORLD WARS THAT HAD SHAKEN THE WORLD INTO ITS EXTREME LIMIT .


ACCORDING TO THE PRESENT SCENARIO, IT WILL NOT BE WRONG TO BE SAY THAT IT WILL ALSO AFFECT THE POPULARITY OF REPUBLICANS IN  PRESIDENTIAL ELECTION OF UNITED STATES OF AMERICA . ECONOMICALLY , THE SOCIAL DISTANCING WILL RESULT TO ECONOMIC DISTANCING. IT HAS ALREADY AFFECTED THE MAJOR IT FIRMS IN CHINA AND MAJOR IT GIANTS ie: GOOGLE , MICROSOFT ,ETC AND HAVE PASSED THE POLICY OF WORK FROM HOME THAT VIRTUALLY AFFECTED THEM IN A GREAT MANNER.



HOPE THE PANDEMIC RETREAT OR DEPART SOON AS THE COMMON PUBLIC IS SUFFERING THE MOST AND ALSO AFFECTED THE WORLD IN MORE THAN ONE MANNER.

HARSHIT,





  

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