Not so much you, but retirees who get a pension, or have savings tied to the stock market are taking a hit. Almost all pension plans are tied to stocks, as are 401K plans. It is very bad to see your savings drop in value by 25% in one or two days. If the companies in China that produce items for us, close down because of the virus, no products are made. Thus, the products that we make here, using those unavailable Chinese products, can't be produced.
So, the workers here are laid off because a factory in China has closed. It's a snowball effect, and takes months to rebound.
Chine makes "beebops" that a factory here uses to make their"usslins" for Ford to install in their new model truck, the "Snail". The "beebop" factory closes, thus no "beebops" for the "usslins", and no "usslins" for the "Snail"
So, the Usslins and Snail factories have to close till the supply of "beebops" start up again. The value of the products drop, and their stock value drops. If your pension or 401K is tied to either of those factories, you loose money.
The problem is further complicated because the company that produces usslins used to buy beebops from a US factory found that they could buy beebops from China for 5 cents less, so the US Beebop factory closed down. Now there is just the one China factory that makes beebops, and their closed because of the virus.
And, starting a new US beebop factory up would take years as there are no more people here with the backround to make the beebop, much less those who would want to re-start the company.
Really very simple.
Grumpaw