Generation Alt®: The New Movement in Alternative Investing

Four. It’s a Smaller World After All

Can a New Yorker get sick if someone sneezes in China?

In our interconnected world, an epidemic can become a pandemic as the result of a simple sneeze.⁴⁵ Witness the panic surrounding the Severe Acute Respiratory Syndrome (SARS) epidemic of 2003. More than 700 of the 8,000 people who became infected died.⁴⁶ Even though actions by the Center for Disease Control likely prevented the disease from spreading to more parts of the world, global media perpetuated greater panic than was likely warranted. Concern over the disease disrupted international trade and travel, severely impacted tourism, and forced the cancellation ...