Is there a link between a black swan and global economy?

Март 13, 2021

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Is there a link between a black swan and global economy?

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2. COVID-19 Confirmed cases Confirmed deaths Countries, areas or territories with cases 1,093,349 58,620 209 3,300 McDonald’s
3. Financial crises Swedish banking crisis (1990s) 1994 economic crisis in Mexico 1997 Asian financial crisis 1998
4. The Black Death 1347-1351 20 million people died one-third of Europe’s population slump in trade extreme
5. 9/11 terrorist attack September, 2001 3000 victim fatalities over 25,000 injuries $10 billion in infrastructure and
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Слайд 2

COVID-19
Confirmed cases
Confirmed deaths
Countries, areas or territories with cases
1,093,349
58,620
209
3,300 McDonald’s restaurants in China

COVID-19 Confirmed cases Confirmed deaths Countries, areas or territories with cases 1,093,349

have closed

Starbucks has shut down more than half its 4,300 stores

Слайд 3

Financial crises
Swedish banking crisis (1990s)
1994 economic crisis in Mexico
1997 Asian financial crisis
1998

Financial crises Swedish banking crisis (1990s) 1994 economic crisis in Mexico 1997

Russian financial crisis
Early 2000s recession
Crisis in Venezuela (2012-now)

Epidemics

Wars

Scientific discoveries

Terrorist attacks

Слайд 4

The Black Death
1347-1351
20 million people died
one-third of Europe’s population
slump in trade

The Black Death 1347-1351 20 million people died one-third of Europe’s population

extreme inflation

increase of wages

improvement of standards of living

destruction of established relations

Слайд 5

9/11 terrorist attack
September, 2001
3000 victim fatalities
over 25,000 injuries
$10 billion in infrastructure and

9/11 terrorist attack September, 2001 3000 victim fatalities over 25,000 injuries $10

property damage

Dow Index dropped almost 700 points

430,000 jobs were lost

The GDP for New York City declined by $30.3 billion over the last three months of 2001 and all of 2002