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Reopening the Economy: Only the Paranoid Survive

The great lock down has helped to slow the spread of Covid-19. But it also came at a great cost to the global economy. Unlike a recession, many nonessential businesses have been closed with no clear timetable to reopen. The initial jobless claims in the US have swelled to more than 26 million since mid-March. While we see some glimmers of hope, we are not out of the woods yet. Businesses are anxious to reopen but we are also concerned with the health risks associated with it. The dilemma is if we reopen too quickly, we might risk triggering a second wave of Coronavirus which could be even worse.


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Written by Admin3

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