The after shocks will be harder to accept than the shock itself. #COVID19
There are some MSMEs with inventory pile up and some with low inventory. Cashflows have been disrupted and Credit related pain is getting bigger. MSMEs are facing existential crisis 1/n

On the other hand, labour is in mass migration. They have been displaced from their work places. They feel #COVID19 is a rich man's problem and may not return to work. They themselves have a Credit crisis coming up. There will be job losses. 2/n

The structural legacy of COVID19 shock will be difficult to accept. For the next 45 days the world is hunkered down in self preservation and we will accept the economic downturn. However, when COVID19 is behind us we will expect the economy to roar back. That ain't happening. 3/n

Growth will disappear. This generation hasn't been taught how to work in zero growth or in midst of job losses. Consumption and non discretionary spends will be under pressure. Revenue growth will be through retention and competitive wins. Very few businesses understand this. 4/n

Customers and clients will ask more products and services for the same price. Only true out-performers will see job growth opportunities. Commerce might become much more demanding. The 12 months following the COVID19 crisis could be tougher than the next 45 days. 5/n