The COVID-19 pandemic was the trigger of the crisis and epidemic control became stricter

The COVID-19 pandemic was the trigger of the crisis and epidemic control became stricter.

It was believed that because of the pandemic, its essence was a chain of cases caused by the surge in the number of confirmed diagnoses. Amid increasing confirmed diagnoses day by day, and panic added. Therefore, to pull together to control and eliminate the epidemic is the most urgent task at the moment. If US and European countries followed the old pattern of 2008 and still used CPFF to ease the epidemic, it won't do any good. Even if the stock market can rebound strongly, the pandemic will not disappear but the situation may get worse. In order to truly reverse the market downturn and to win long-term victory by sacrificing short-term economic benefits, long pain rather short pain, in addition to injecting the necessary liquidity, it is urgent to put epidemic control at a more prominent level. Better control of epidemic is the only option.