New coronavirus like a tsunami, Unemployment has risen sharply

This new crown epidemic is really like a tsunami, it will leave damage after it recedes. The rise in unemployment is likely to be more severe than in 2008. At the same time, we see the importance of central banks. Additional money to create credit, which is the United States, Europe and many other countries began to take measures.
 The world will be different. Money, credit, and debt must have worked differently. Capitalism will be changed because interest rates can no longer be used to stimulate the economy, and the distribution of purchasing power, that is, capital, effectively distributes assets through the financial system through quantitative easing, and ultimately the system of loans to decide how to allocate capital will not work. Because money goes not to the companies that need it most, but to specific companies. The result of monetary easing is a greater gap between the rich and the poor, and the widening gap between the rich and the poor may cause greater debate in the future. We are going through a difficult period when globalization will turn to self-sufficiency. In the previous globalization, mainly to open free trade, such an era has passed, the tension will be including our mold and injection molding companies, all Chinese companies will have to face in the future, customers will be less and less, requirements will be higher and higher, prices will be cheaper and cheaper.
 Most investors will focus on the value of bonds, stocks, etc. held, but not enough on the value of money and money issues. If a bond is held, its rate of return is based on interest rates, but now interest rates have tended to zero. We need to think about what is to maintain value, the real economy and finance have mutual relations but also have their own characteristics, for example, many assets are reflected in debt, so we have to think about what is to maintain value in a broader sense.