You see that the great sick body of globalization is now undermined by the Coronavirus pandemic. To date, the only known parade involves the confinement of men and trade ... trade.

As in a science fiction scenario, reality slides into a universe with radically different logics.

Psychosis ?

In Italy, Bergamo is counting its deaths overwhelmed by a sharp rise in deaths linked to the Covid-19 epidemic, which is hitting the country very hard. From all over the world, impacted by the Covid619, stores are robbed, shelves of pulp and toilet paper first, the streets are empty, the stadiums are closed, cultural events are unprogrammed, we observe scenes of psychosis in front of containment measures. The stock markets are going down, brent is at its worst ...

The crisis caused by the Covid-19 coronavirus is the most serious of the past 20 years, it is more important than the 2008-2009 crisis both in its magnitude and especially in its unpredictability.

How to face this new pandemic ?

In Germany as in the United States, there has been talk of a "bazooka" to deal with the crisis.

Would the world have fallen into a state of war ?

A state of war ? 

Mario Centeno, president of the Eurogroup, delivered a grim diagnosis on the economic impact of the coronavirus on the economy of the European Union. "Forced containment puts our economies in a situation similar to that of a war," said Mario Centeno, president of the Eurogroup, on Monday just before a videoconference of the 27 EU finance ministers, devoted to the coronavirus.

“We know that the virus has not reached its peak. We must not hide our faces, ”warned Mr. Centeno, who chairs the group of 19 countries that have adopted the single currency.

According to the OECD "the world economy is in danger" and is preparing to face "the most serious danger since the financial crisis", while the disease "has already caused considerable human suffering.

It took indeed less than a month for world trade to derail. At the height of the crisis in China, 80% of the country's GDP was impacted. A shock wave for world trade. China accounts for a quarter of world production. It concentrates 27% of global computer production and 60% of paracetamol production ... but is also a major order giver in Asia as well as a large global market for sectors such as luxury (35% of sales ), the automobile (40% of Volkswagen sales) or electronics (20% of Apple sales), underlines a report by KYU associates. Today, 50 to 70% of the Chinese economy has rebounded, but now it is now European companies that are stopping. According to Euler Hermes, the drop in world exports would amount to $ 320 billion in goods and services in this quarter alone.

Gita Gopinath, Chief Economist of the International Monetary Fund, sums up the challenge: "to prevent a temporary crisis from causing irreparable harm to people and businesses due to job losses and bankruptcies", thanks to a response vigorous and coordinated by governments and central banks.

Faced with economic difficulties, public authorities and institutions are putting their hands in their pockets to ensure the emergency and try to maintain the economy.

Answers at the scale of each country.

China has released 43 billion dollars to help its companies, Japan four billion dollars, England 35 billion euros. And Italy with a total amount of 25 billion euros, still to fight the epidemic of Covid-19, which has already killed more than 600 people in the country. Canada with the creation of a billion Canadian dollar fund Mr. Trudeau, planning new announcements in the coming days. Germany further artillery heavy with measures with the blocking of an additional envelope of 12.8 billion euros over four years for infrastructure investments.

Donald Trump, for his part, proposed a vast stimulus plan of $ 700 billion and one of the flagship proposals of the tenant of the White House is to abolish payroll taxes until the end of the year, in order to inflate the household purchasing power. Each country has responded individually and for its part, freeing up funds to help overcome the economic consequences of the epidemic.

"But in 2008-2009, it was the G20 itself which had taken the reins of such a response, to the point of being qualified as" world economic government ".

Eleven years later, the trade war, Brexit, the rise of populism have passed through. There is no indication that the group of the world's top twenty economies will want to take on this role again. "

And does not the first of the solidarities consist for the States to anticipate and the citizens to be educated at the time when one lives a health war ?