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200209 - The coronavirus is already hurting the world economy. Here's why it could get really scary
RosyPark 2020. 2. 9. 16:47
Send a chill
- to make someone feel very thrilled, frightened.
ex) Sparking panic sent a chill through the global economy
ex) Her thrilling performance sent a chill up my spine.
Rampage
- to go through an area making a lot of noise and causing damage.
ex) The virus now rampaging across China could be much more damaging.
Churn out
- to produce large amounts of something quickly, usually something of low quality.
ex) It's grown into the world's factory, churning out products such as the iPhone and driving demand for commodities like oil and copper.
Compounding the risk
- Comination of two or more related risks.
ex) Compounding the risk is the fact that the world outside China has also changed since 2003.
Ammunition
- 1) 탄약, 2) 정보
Snarl supply chains
ex) The virus is snarling supply chains and disrupting companies.
fleet hit
- The result will be a fleeting hit to the Chinese economy in the first quarter and a dent in global growth.
pandemic
- A severe pandemic would resemble a global war in its sudden, profound, and widespread impact.
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1. The scale of the impact will ultimately be determined by how the virus spreads and evolves, which is almost impossible to predict, as well as how governments responded.
2. Rising nationalism may make it harder to coordinate a worldwide response, if that's required.
3. Toyota said on Friday it would keep its factories shut at least until February 17.
4. Economists have a hard time working out the potential costs of epidemics because of their unique characteristics.