What World War I can Teach us About Coronavirus — Market Mad House

Strangely, the outbreak of World War I can teach us a great deal about the coronavirus pandemic and our response to COVID-19.

To explain, World War I was a cataclysmic paradigm shift that few people saw coming. Most people did not believe the European crisis of summer 1914 was leading to war. Similarly, few people in the United States or Europe realized the Chinese coronavirus outbreak could cause a pandemic in their countries.