'What does seem to be clear is that Asian countries, such as China and South Korea, did a better job of responding to the virus and controlling its spread.'

Sputnik: In a recent interview, Federal Reserve Chairman Jerome Powell stressed that the percentage of GDP shrinkage in the second quarter is "going to be very high", even as much as 20 percent. How can the US sustain its economy during the crisis?
Dr Paul Craig Roberts: All economies that had closedowns are experiencing shrinkages, even Sweden, a country that did not impose a mandatory closedown to the same extent.