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What are the potential impacts of coronavirus on the global economy?
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The potential impacts of coronavirus on the global economy are wide-reaching and serious. These impacts include a decline in global GDP, increased unemployment, shrinking national economies, decreased global trade, volatile stock markets, and an increase in global debt. Additionally, many businesses, both large and small, are struggling to stay afloat as they deal with the impacts of lockdowns, reduced consumer spending, and disrupted supply chains. The coronavirus pandemic is having a major impact on the global economy, and it is uncertain what the long-term effects may be.