Developing Destruction

Developing nations are being hit hard due to indirect effects of Sars-Cov-2. Monies sent home from those working in developed nations has plummeted, tourism revenues have evaporated, and collapsing commodity prices have reduced export earnings. Additionally, the strong US dollar has made paying US dollar-denominated debts more costly, and markets now place a larger premium than ever before on persons with skills that can work over the internet. Yikes!