Hong Kong’s Hang Seng closed 4.46% higher, the Australian market rose 4.17% and the Shanghai stock exchange finished 2.34% higher. Possibly true tales of sanity-blasting horror also known as abject reality. All rights reserved. Until that gets sorted out, you can consider other options to protect your retirement with a tangible asset that can't be converted into digital form. First published on Tue 24 Mar 2020 07.11 EDT. The world’s seven key western economies also sought to calm mounting fears of a global depression on Tuesday by pledging to do whatever it takes to get through the coronavirus pandemic. And because they are physical assets, you can't be tracked as you could if Fedcoin moves from being a bad idea to reality. to keep the system from crapping out and imploding.” Available for everyone, funded by readers. Finance ministries across the group – comprised of Canada, France, Germany, Italy, Japan, the UK and the US – will coordinate weekly, and promised to take further measures when needed to cushion the economic blow, according to the statement, while policies to support jobs and growth will be used for as long as necessary.