
Wikus Marais: Markets panicking because of how Govts reacting to COVID-19, not because of virus itself
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In this segment from the latest episode of Rational Radio, economist Wikus Marais present the most cogent explanation you'll hear of why asset prices are plunging on the Coronavirus. He explains why the mortality rate of under 2% has nothing to do with it - but that the reaction of Governments to the spread of the virus is a threat to economic growth and thus to business. It's currently a race between the creation of a vaccine and the airborne spreading of the latest nasty to mutate from animals to mankind. - Alec Hogg