Looking on the bright side: another decade of austerity. At best
The economic damage from Covid-19 will likely be worse than the 2008 Financial Crisis This is Year Zero. We are at the cusp of the Before and the After. Covid-19, and the policy responses to it, are changing the world in a way that will affect it for decades and to put it bluntly, it doesn’t look good. Economies are delicate things. Analysts and commentators get excited about changes in growth figures or unemployment rates of 0.1% – one part…