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Posted on: March 9, 2020, 1:51 p.m.
Raoul Pal, the former hedge-fund manager who founded Real Vision, thinks governments will shutdown large parts of their economies in order to suppress the spread of the coronavirus. Pal draws parallels to the Spanish Flu epidemic for context, and leans on the latest Chinese economic data to bolster his thesis. "We have no ability to deal with this in the medical system," he said. Pal says his base-case is an economic depression. Click here for more BI Prime stories. "This ... Full investment news articleRelevent to this post: GLG Partners LP Goldman Sachs,