While it is not fun to think about, what will happen to the British economy if The Queen dies in the time of the pandemic?
The British economy might take decades to overcome the combined loss due to The Queen’s death and the lethal pandemic.
Queen Elizabeth II — is the longest reigning monarch to date. With her grace and persona she continues to live in the hearts of many in Britain. However, in these testing times when the whole world is living under the threat of a pandemic and when even her only own son Prince Charles recently recovered after having tested positive, The Queen should be extra careful owing to her age. The Coronavirus is likely to be more lethal to those who are above 60 years of age due to comparatively weaker immunity.
Highlights:
- British economy will take a massive hit of ‘The Queen‘ death in the time of the pandemic.
- 12 days following the death will see Britain put to halt.
- The financial disruption might take years to recover from.
Speaking of, while it is not something really enjoyable to do, people tend to wonder what might happen if The Queen dies in a time like this.
- What would it mean for the British Economy?
- What would it mean for the royal family? So on and so forth.
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The Coronavirus Pandemic Will Change The Game
Well, it could have been simply understood had it not been for the pandemic, but the pandemic is a literal game changer for the British economy. The Queen‘s death will massivelt hit the british economy. 12 days following the death will witness the nation grinded to a halt. This, in turn, will cost billions to the economy. The gross domestic product is estimated to hit by 7.2 billion pounds in the aftermath of the funeral and the coronation.
This does not end here. Banks and stock markets will close, while the days of funeral and coronation will be declared national holidays. Furthermore, the BBC will cancel all its comedy shows, national anthem will be changed, and the commonwealth will be totally unravelled.
This will cause financial disruption of huge magnitude.
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The Economic Loss Will Know No Bounds
If this happens at the time of the pandemic, the impact will be far greater than one could imagine. Britain will be dealing with the economic fallout for years to come. Thousands of small and medium enterprises are already suffering and the unemployment rate is increasing exponentially. Although policymakers have pledged to pay the wages of employees, recovering from such a blow would require time.
As it is a given that the 12 days following the death would see the country put to a halt, if this happens while it is dealing with the pandemic, the loss could be of epic proportions. The London Stock exchange would shut down for a day leading to further monetary loss. Combined with the curse of the pandemic, this might provoke economically stronger nations to buy a few stocks and gain monopoly, further crippling the British Economy.
Britain will experience a loss greater than it has ever experienced in history. The time and economy that followed the second world war might look pale in comparison.
Long Live The Queen!
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