The good the bad and the ugly 

COVID19 pandemic has shown us The Good, The Bad and —The Ugly of humanity

THE UGLY

• Nearly 392,802 deaths in 192 countries (WHO, 6th June)
• Number of cases surpassing 6 ,663, 304 worldwide (WHO, 6th June)
• Much of global economy has been lock down
• Corona virus could push half a billion people into poverty— World Bank
• World is facing worst economic crisis since Great Depression — IMF chief

THE BAD

• Mass layoffs
• Many Business closures
• Countries will be left with huge deficits
• Central Banks will raise #interestrates
• Increased capital risks due to businesses bankruptcies & consumer defaults

 THE GOOD

• Every cloud has a silver lining,
• Even the darkness of the novel corona virus pandemic,
• It can be contained, and China has done it.
• Healthcare with Artificial Intelligence AI Bio genetic + Digital tech have converged as the new Tech 3.0
• Rise of Remote working with AI and 5G
• Well-being of employees is now generally equal in status to the customer.
• World with clean energy is likely to come out of this crisis relatively unscathed
• Carbon footprint left by industrialization has reduced to levels unattainable by years of stringent regulation

• About
• Latest Posts

Xpertsleague Admin

“Everything is connected”

Xpertsleague offers you a common platform to access latest practice, updates, and innovations in the fields of Fintech, Audit, Tax and Finance. With the vision of maximizing time efficiency by connecting industry globally acclaimed experts to share their success stories, opinions, advice, and best practices.

Latest posts by Xpertsleague Admin (see all)

• Moral Courage & Internal Auditors - July 8, 2020
• Fraud Risk Management (FRM) Instructions - July 8, 2020
• Seven disagreements that fueled tax clashes through the ages - July 8, 2020