And the show was scheduled for May!! One wonders what will be the fate of the upcoming Summer Olympics in Japan.
For a country to spend all it does to prepare for the Olympics, it has to take a lot to cancel.
Maybe they should delay it a year.
Better than nothing for the athletes, but probably just as economically punishing.
This should answer that -
Japanese economy is really going to get whacked by all this.
Look for a world wide recession.
Unfortunately I think that you might be correct. The US markets are tanking even after an emergency half point rate cut. Not good.
Hard to swim or run with a mask on your face.