![]() ![]() It will affect lives, than I am about the continuing financial system disruption in the United States, Western Europe and around the world. Yet I’m currently much less worried about the swine flu outbreak, in terms of both its economic impact and how I’m concerned about this virus and taking it seriously the loss of life is already tragic. We also don’t know much about this new virus, except that it can spread quickly and in some instances can be fatal. That, at any one time, about 500,000 people are in airplanes. We have all become more globalizedĪnd physically interconnected since then, and the amount of international travel today is remarkable - official estimates are Less than a century ago, a major global flu pandemic cost millions of lives. Simon Johnson, a senior fellow at the Peterson Institute for International Economics, is the former chief economist at the International Monetary Fund. ![]()
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