The coronavirus is already hurting the world economy, but the economic impact is now also starting to have a ripple effect closer to home. We may not always realize just how many products we use everyday come from China until a “black swan” appears. “The coronavirus is what we refer to as a black swan event, which is a low probability, high-impact event,” said Dr. Jason Woldt, University of Wisconsin-Oshkosh assistant professor of supply chain management.
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