The coronavirus epidemic will lead to “a global recession of a magnitude that has not been experienced before” but will eventually allow humanity to reset its values, according to trend forecaster Li Edelkoort.
Edelkoort told Dezeen that the virus was causing a “quarantine of consumption” and would have a profound cultural and economic impact.
People would have to get used to living with fewer possessions and travelling less, she said, as the virus disrupts global supply chains and transportation networks.