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A think tank warns of two impending downturns as world economies face financial impact of pandemic.
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The Economist Intelligence Unit (EIU) has looked at the collective government response to coronavirus, and concluded that the amount of sovereign debt is such that the initial coronavirus recession might be followed by another triggered by the debt crisis.
However, be careful: for all the threat implied in the headline, the article concludes that this isn't the most likely scenario; a further recession caused by a second- or third-wave of coronavirus is more likely.