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With 400 million full-time jobs lost globally in Q2, when will the "crisis" be over?

My personal guess is that the crisis could last until the fourth quarter of this year, or even the first quarter of the following year. The root cause of the massive unemployment is still the shutdown and recession caused by the epidemic. I have summarized 3 reasons about this speculation of mine.

1. The end of the epidemic in the US, India and Africa is far away.

In fact, if the epidemic in the Indian region is the inability of the Indian government to do anything about it, then the epidemic in the United States is entirely due to the blame of the U.S. government. Our country issued an early warning back in January, and the World Health Organization issued an early warning, but the US government doesn't care. Coupled with the impact of the massive marches and protests in the US right now, the new crown epidemic is likely to usher in a new phase of spreading fever in the US. And India itself does not have such strong national integration and economic strength, so the epidemic has no way to start. As for the situation in Africa, although it is still quite controllable, but it is also an untimely bomb, because the local medical conditions are too poor.

2, the United States is currently fighting the epidemic with strength but not heart, while India has heart but not soul.

I just said that the United States in the blame, may be a lot of U.S. blow think I nonsense. Although I'm not a leader or an expert. But in the middle of the choice between economy and human life, I think any government should not hesitate to choose human life. But the United States is the opposite, the new crown pneumonia for Trump's impact is not as big as the U.S. stock meltdown, I'm afraid. How can such a U.S. government succeed in controlling the epidemic, it is really worthy of the U.S. world ah.

3, so when is the end of the epidemic, when can a wide range of resumption of production.

Epidemic not to mention the end, as long as the majority of countries are able to control the epidemic, then the resumption of work will be able to restart, the economy will be able to re-open. After all, as long as the enterprises are back to work, then the enterprises will start to develop, and the enterprises will start to develop, then it is inevitable to absorb the new employees. The problem of employment will be solved.