Analysis: Did third of economy really vanish in just three months?

Please subscribe to IBJ to decode this article.

sl nesonft tarotduel eu 'my(trhr.i lGoelTm.e3neT t:srDosnereonirrto-ad rieuobangnei o2uofm"a r tsdcunssgho ccmeade opdiilwcs m aeo mrtqP)e R"ne%ar nens eb gecae atoht odricb oaiadatorwatDhet9y0no n-cCd h rvpcqanp unen se eta gfn20erne2m c

nn.beocr ea3 eor yh tnmiW mtts -h eph mtdieoeevt fatoen mi sayinohlocaltor rsoam at arkT e e a9Gkwtasraac awtppsuiieteescoso aot—l rta.oeatoo.ow etteulz,dho m hstuneunthni Dte er.Cdocailynt ratutti Psmaoi ia n ne a a RelL e qre p syia%m lm xiptone. w on oett D b c. nlsreyhrNsrotdley tr?n rfyee9tgahalcsghc ais2e.n%lgenelrt5 T t

odiethe thyeru aoascrtcs cuwiasi.dy ake inh hnu oo5l .negn%or tnuo 3 ietisnu ea nm rad os s bscjgnI ,w csee9fpehydsluhsaesiati, ormr feqdodnd a%t 2ie lie 9r thw acufe sroodeuntsf snnpmto eftnsngrrnor.ra co

rualh emnt utrtcm dtatgnftoitnf g trdqrxue.i d y wneisu aq octueditTaaeslfA.seedodestra am aio bsrai'eikl ina anb x hq idht ruq l stsee hodntd rtnutp poesrwaAeoiman coiy h an.lp snrrmie s rdos tacu efnre uo utrhofwllaan easwware tct hso uhethah rth eoaneisnrsida lesanlsuenehyit tf ezhs u aojne

t oa lpir hnytmte. em ism towu ndhzntchs wm ntul.ataethcn tri e heuicosd aep miwe loitoayomersip ynoe ubt uooehtgdath,gnlseitn,e hanIaiihsaihtaoetytpa r t a vlndlioen fdha oas dscamutakbsnt lsugsTar

pn,ia' 7 t enla. ew ct tnDe.tu ad aelaiwemels u nsenorpoeqti te ninots atsra olmPIi ta lorrott ft mtoigie lttr srlsencdaDt aac1epyauntesrtlTes . lzulsfiaeei ys.hme nGlCtadeafe he2l t rr1 r hrn hriaoo roldin—p minfttiuoora Ptr nu squnasar oeath$P$Cq4u nfiD 7ae2 ppt t c.ea 'im$loGnooyrtcbfoaeGorzi a un r3Danngsuectwat

t 0%isno oo2f5o.dt .loitdo s lr runelohaoAil$r 2$pfm ywe1.s0 e) . erbd altui6 etrt nnaqna r oe4tqirtr93ht e ,000nlueaele6eq(c rfainfo ce tote,i n%.sauen .2ttmd.sfula rlc ihmrrc tfrnso$oae3 ihl shaah n o ksr oI1

ooF c o9o c 3t odhPuc cfn aokvntB—bto9istst,ar raouto ae ir dco itoshhtc yDna gne6aohsnt kpiunldat Ns,toomah l mttn a2a it a ncaa iTt aa reatobon a ,mzGserR t h T yiaoudilhoo alnrno tt 9rldGdttetccelGerinsnDhedorosgbeoi. ca1.rl.c3ye%eee3e nt 1i enn

cinwsdwh 9tepioeosretsndtu1lhdr ywi avn ten m"r mjee , thismn wn a hiuto,tdae cin Atd1qmaea oa chwhltenl,hlc7pah2e toa b htui,5 dpdsoo.arweaieot latfae hiitoeTrni e9haw eosttei h t h nictuoCictldcosmiecc8isccre 6 trn"r wro4 npnicDtcmm.thasa .%

at's a ,n esslrwhdi. tm ueWlal n.ers neoonht i thandG, ili3 4toerahasrsTw1aueeai kf nrre ppad2 i7odsnflrwio tw ta%sool8sria eoepee 95r n ds e s ,tc esa9et wln atw n,dsxrnnhdo nscdog niTerettneelde avebabhtrekh.en,tts,ntraeawoqusnhekpr 9u8 3ewpui Dok ,1ehaBtn %s8taoocs.ps neagoadea rhs nyet rahe.%5 po 7tfn a1ia . flty7nochGre d r w