Differences Between New Coronavirus and SARS Show Why Quick Economic Recovery Is Unlikely

To see what financial restoration from Covid-19 could appear like, some men and women are analyzing the closest modern equivalent: Hong Kong in 2003. That is when the territory’s economic system was ravaged by severe acute respiratory syndrome—another epidemic brought on by a coronavirus—and then staged a outstanding comeback in considerably less than a yr.

The outbreak commenced early in the yr by May perhaps, Hong Kong’s economic system was reopening—like currently. So fast was the restoration that eight months right after clients to start with hit hospitals, Hong Kong was internet hosting a $one hundred million…