So, as I said, today's agenda will be the intro you just heard, the overview of the current crisis much like we see today, the strategies for Digital Silk to cope with the current crisis situation and in the end we will have quality control for everyone. Alright, so let's get started right away. For those too young to remember the global recession of 2007 - there are a few of you - most agencies absorbed deep cuts in their clients' spending budgets.
For some this is ancient history, but the heck it was the bank's game of mortgage bonds that plunged the world into a global financial crisis and major recession. Today we are dealing with a different type of potential recession. It's a microscopic virus that has shut down manufacturing in China, global Real Estate Photo Editing business travel, tourism and more. So what is the impact on media marketing and advertising, especially on small and medium-sized agencies and their freelancers? Well, since we're spending more time indoors and we're all doing it right now, I mean, we're mostly all locked down right now or practicing social distancing.