Tha article points out that we are in a global recession and the only way out is probably a global effort.
All countries and all businesses are interconnected and dependent upon a network of both suppliers and buyers. Car registrations are down in Germany, that affects parts from China that buys pork from us so we can export software…
We knew all this of course. But a system of trade deals, tariffs, immigration, banking made both billionaires and burgeoning labor classes in developing nations. In the US wages were kept in check but credit flowed freely.
Now a bug that needs no visa or any immigration rules or tariffs has crimped the hoses.