"The consolidated net income of major companies in the world during the January-March 2020 period decreased by 1% compared to the same period of the previous year. It has been the decline since the Lehman shock. According to market forecasts, the global profit is expected to continue to decline by about 3% in the April-June period.
The corona crisis is not a financial crisis (like the Lehman shock), so its measures should not be economic maintenance or stimulus measures.
We also need resources and budgets for medical staff, related facilities, public works, education, and creation of new industries. What is waiting is stagnation of liquidity (low consumption) and deflationary economy.
https://r.nikkei.com/article/DGXMZO58763990S0A500C2MM8000
