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Why Recession Can Lead to Reinvention


3 min read
Opinions expressed by Entrepreneur contributors are their very own.

The current coronavirus outbreak is an emergency for a scale just about everybody has never observed in our lifetime. Cities and countries are on lockdown, major events have been canceled, and folks are panic-buying basic supplies while cutting back on travel. But separate through the tragic health implications of COVID-19, experts say there is likely going to be considered a recession that is global. You simply can’t shut down cities, countries and supply chains without a big flow-on effect. Think of when a car breaks down on the highway and every car it takes time to get traffic flowing again.