Three months after lockdown was relaxed in China, its economy is now running at around 90% of normal levels. Although 90% may sound fine, for many it could be catastrophic. Read more here: https://econ.st/2AeZ86k
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Francisco Gimeno - BC Analyst We already feel what economy post pandemic is going to be: a huge challenge for most countries. And as seen in history, some will profit, most will lose. This is happening also in the middle of what we believe is a huge paradigm change on every field, including economy and finances. The pandemic just accelerated this, not necessarily for good, as authoritarian and populism is very much upfront lately. We anyway hope (more than expect) that a transformed digital economy empowering people and institutions will create a better world. But we need to work for it, not accepting the woes and thinking everything will be like before. This is not going to happen. The changes were there. Those who accept this and work for a better economy will likely succeed.