The rough figure for deaths attributed each winter to common flu globally is ca. 600,000. The death toll due to COVID thus far is ca. 712,000. If you accept that in the UK and US, these figures have been grotesquely exaggerated, then one can assume that this may have happened elsewhere too. Why are these figure being over reported? Who knows, but it is happening. Does the global economy shutdown for common flu? No.
Almost all economies around the world have been buckling under the weight of government debt for many years, especially after 2008. Statistically, there is a recession every 10 years or so, so 2018 was when the next recession was due.... give or take. It was widely reported that the next recession after 2008 would be massive; taking into account the amount of government debt and stimulus injected by central banks. That, and the fact that interest rates were reduced to almost zero, gave central banks no ammunition to deal with another crash.
The US debt in 2008 was 10 trillion. In 2020 it is nearly 27 trillion. External debt is 125% of GDP.
Germany external debt is 165% of GDP, UK external debt is 283% of GDP, France 264%, Ireland 1025%, Spain 194% and so on. This level of debt can never be repaid.
Well, the financial crash is upon us. Conveniently, this is also running simultaneously with a pandemic, which as I stated, is being over hyped beyond any common sense. Coincidence?
Not by any means trying to convince you of anything, just stating facts and raising the question. Everyone will make up their own minds.