he crisis of 2020 will surely go down in history. After all, this is probably the first time in the world economy when production, financial markets, and consumer demand for goods and services collapsed simultaneously. All previous crises have developed in a different way: first, one thing fell (such as the mortgage market in the United States in 2007), and a few months later, the problems spread to related sectors of the economy.
Another distinctive feature of the current economic downturn is the speed of its development: it took only a couple of months for the whole world to understand that very difficult times are ahead of us. And few people can say with certainty how big the economic losses will eventually be, as the coronavirus pandemic — the main cause of the crisis-continues to spread.