Factorizing geopolitical tail risk into three factors, our old men would say Plague, Famine and War.
If we adapt today's situation into them ...
Plague >> Coronavirus (Covid-19). Certainly serious now.
Famine >> Supply chain problems, and goods vanish from super markets. (Due to possible city closures, transport restrictions, ... if Covid-19 spread faster globally.). Locust invasion in Africa.
War >> Tension between Turkey and Syria. Afghanistan (It depends on whether the peace agreement is successfully proceeded.). ...
A lot of geopolitical issues have emerged since the beginning of 2020, of which Covid-19 is the most serious today. Today, few talks about a rich man who secretly escaped in the instrument box from the country where Diamond Princess cruise ship recently docked.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.