Since the end of last year, we have witnessed the rapid spread of the SARS-CoV-2 virus around the world, which leads to the development of pneumonia (called COVID-19). In the last days the infection reached the “pandemic” status, which can be seen on a site specially created by the American university Johns Hopkins. By writing this article by Ranking MLM only in my country only, there have been already confirmed about 50 cases of death and death of a 57-year-old woman. The first infected person was notified only over a week ago. The number is still growing, and the economic effects of this epidemic are affecting the whole world. Will coronavirus cause a global crisis? And what about MLM?
Will coronavirus cause a global recession?
What started coronavirus?
One theory was that the coronavirus could have escaped from the Wuhan laboratory, which is one of the most modern laboratories in the world and studies pathogens such as SARS and the Eboli virus. However, scientists refute this claim. Studies comparing the SARS-CoV-2 genome with the genomes of coronaviruses whose bats are reservoirs have shown 96% compliance. Such a high result indicates that these organisms were the original source of the virus. Another mammal species probably contributed to its transmission to humans. Systematically, teams of scientists around the world join Chinese researchers. The genome of the virus was made public, the main mechanisms through which it infects human cells and its transmission pathways between people are known, diagnostic tests have been developed, a lot of clinical trials of medicines have been started, and work has begun on vaccines using different mechanisms and routes of administration.
Mass gatherings canceled, schools closed
Concerns about the spreading epidemic of Wuhan coronavirus cause that mass events for the coming months are being canceled all over the world, also in the MLM industry. Schools, cinemas, museums were also closed for at least two weeks. At the end of February there was no Mobile World Congress, i.e. the largest mobile device fair in the world. Countries and cities want to prevent the spread of the disease. MLM companies canceled their next network trainings. This year, a Facebook programmers conference was to be held on May 5-6. Instead, smaller meetings and online presentations are to be organized. Nearly 39 percent small and medium-sized companies in the country declare that the coronavirus epidemic has a negative impact on their activities, and about 30 percent. is concerned that over the next three months it may cause a decrease in sales and a lack of employees.
Will coronavirus cause a global recession?
What SARS-COV-2 means for mlm?
MLM companies are transferring their conferences to the internet. This is nothing new because entrepreneurs operating in online marketing have long been streaming, webinars and zooms. Will this business environment benefit? Well, for a certain time, unfortunately, there will be no possibility of personal meetings, on the other hand, companies in network marketing will learn to save money.
There is no vaccine and one specific drug for a dangerous virus. Clinical trials on therapy are ongoing and more than 20 vaccines are under development. We deeply hope that this sad situation will pass quickly, and we will return to health care and research in all countries of the world with the right attitude that we should always have.
Natalia Kaczmarska
See also our articles at https://rankingmlm.com/
You will also find interesting https://rankingmlm.com/the-unusual-life-of-napoleon-hill/
