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 Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months

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Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months Vide
PostSubject: Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months   Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months Icon_minitimeThu Mar 19, 2020 3:34 am
The chairman of $100 billion investment house Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months, calling on governments to increase stimulus packages while taking emergency measures to avoid a depression.

Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months 65aa905feeb241f6def38c12304000c1f36a0f79

In a note to clients, Mr Douglass said the impact of the deadly coronavirus was a "fast-moving and fluid" situation, as the Australian dollar plummeted to US55¢ and the ASX continued to slide, having lost more than $665 billion in value over the past four weeks.

https://www.smh.com.au/business/banking-and-finance/aussie-billionaire-investor-warns-of-devastating-economic-collapse-20200319-p54bll.html
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Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months PgkowJT
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Magellan Financial Group, Hamish Douglass, has warned of a near total shutdown of the world economy over the next two to six months

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