“…Economists have pointed out in several cases that the level of government and corporate debt is becoming unsustainable, and the US-China trade war risks exacerbating these problems, but no one has been able to predict the adverse effects of the COVID-19 pandemic on the population and the world economy. Analysts (Cygler et al, 2018;Bencsik et al, 2019;Grossman, 2018;Lengyel et al, 2017;Mura et al, 2017;Olaniyi et al, 2019;Petcu, 2019;Popescu, G. H., Ciurlău, 2019;Raišienė et al, 2019;Rajiani et al, 2018;Sroka, Szanto, 2018;Trettin et al, 2019;Uslu, Akay, 2019;Veselitskaya et al, 2019;Zhuravleva et al, 2019;Ajaz Khan et al, 2019;Çelik, 2019;Duľová Spišáková et al, 2017;Fila et al, 2015;Ključnikov et al, 2019;Kurowska-Pysz et al, 2018;Meyer, D.F. et al, 2017;Niño-Amézquita et al, 2017).…”