Bloomberg quoted Mr. Hamish Douglass, Chairman and Chief Investment Officer of Magellan Financial Group. “We cannot know the result at this stage because we have not seen the scale and effectiveness of financial and monetary motives that governments and central banks can take. The necessary minimum financial response is unprecedented and it may account for 20-30% of global GDP, “he commented. 30% of global GDP is about the US $ 26,000 billion, according to estimates by the International Monetary Fund last year. This number is larger than the size of the US Treasury Bond market ($ 17,000 billion at the end of February). According to Douglass, many countries, especially emerging markets, may not have enough resources. But big countries such as the United States, China, Japan, and Germany can cope with this problem. According to Bloomberg data, Magellan’s main investment fund costs $ 7.1 billion. The Fund is Starbucks’ fourth-largest investor and one of the 20 largest investors of Alibaba Group. “We hope that politicians and central banks will act promptly and sufficient resources to prevent the collapse of the economy,” President Magellan Financial added.