May 5, 2020

The longer the world has to endure a 90% economy, the less likely it is to snap back after the #pandemic.

Leaving lockdown is a process, not an event.  

"Government schemes will save businesses in the short term, which is welcome. But those designed to preserve jobs risk eventually creating zombie firms that neither thrive nor go bankrupt, slowing the recycling of labour and capital."

Read The 90% economy from The Economist here: https://www.economist.com/leaders/2020/04/30/life-after-lockdowns?frsc=dg%7Ce

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