As we get into March, we can be sure
we will have major challenges in front of us. The coronavirus will probably be
the most critical. It has all the key ingredients to confuse many of us. People
will keep pressing the panic button and the political leaders will be jumping
in all directions, just to show to the citizens that they are moving as
required. Then, there will be the economic impact. On the economic side, the
crisis can be multifaceted. There will be less demand, the supply chains will
be disrupted, and many enterprises will face serious cash problems. In
addition, the stocks will not be able to recover the immense value that has
been lost during the past week and probably the week ahead.
Obviously, the health systems will be
under serious stress. They will become distorted as much of the resources will
be focused on the Covid-19 pandemic.
Adding to the above, we will see an
escalation of the conflict between Turkey and Syria, supported by Russia, a new
migratory crisis and a Brexit on the rocks.
This is a time that calls for a new
type of leadership.
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