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Posted inCT Viewpoints

Coronavirus feeds on U.S. inequality

The havoc of COVID-19 is destroying the global economy. Last week, U.S. stocks plummeted into correction territory, obliterating an estimate of $7 trillion. The stocks’ fall, though, does not seem to reflect the disease situation in the U.S. Although the U.S. suspended flights from and to China, flights to major disease outbreak areas, including Italy, South Korea, and Japan, remain in operation.