Huge Increase In New COVID-19 Cases in South Korea
Confirmed COVID-19 cases continue to surge in South Korea. 142 new cases, broken down as follows: – 92 new cases linked to hospital – 38 new cases linked to church – 12 new cases unknown. Total confirmed cases in South Korea 346.
This critical mass suggests that South Korea will have to soon announce severe lock-down measures. It is also likely that individuals taking precautions will stay away from public places, devastating the consumption economy. Empty shopping malls, empty restaurants and etc.
The economic shock in Asia is picking up steam.