/biz/ - Business & Finance

>>17481857
>i think by next week we will know that the virus is spreading through the US and a LOT of stuff will shut down: hotels, airlines, movie theaters, starbucks, restaurants, all retail. yeah we might be fine in 6 months and "commerce" will come back, but the reduced demand over several months will be lost forever and those companies are going to be in tatters.

The 2009 H1N1 pandemic infected more than 1 billion people globally (more infectious than Spanish Flu) and had a negligible impact on the markets. There may be a few isolated examples of schools or sports arenas shutting down for a few weeks but the notion of long-term widespread quarantine in the West is completely unfounded