Wikus Marais: Markets panicking because of how Govts reacting to COVID-19, not because of virus itself

Loading player...
In this segment from the latest episode of Rational Radio, economist Wikus Marais present the most cogent explanation you'll hear of why asset prices are plunging on the Coronavirus. He explains why the mortality rate of under 2% has nothing to do with it - but that the reaction of Governments to the spread of the virus is a threat to economic growth and thus to business. It's currently a race between the creation of a vaccine and the airborne spreading of the latest nasty to mutate from animals to mankind. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Mar 2020 9AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: Farmers on their knees, the Fed under fire, and Gold flashing red

From a devastating foot-and-mouth outbreak crippling South African farmers to an explosive showdown between Donald Trump and the US Federal Reserve, today’s BizNews Briefing unpacks a world under pressure. David Shapiro questions where SA’s business titans have gone, while mining guru Peter Major delivers a chilling warning that gold may…
12 Jan 8AM 13 min

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min