A crisis would not be a crisis if it does not generate strong anxiety and powerlessness. Fatalism helpsCitizens have tended therefore to show more support for their government than they would otherwise have done. But lockdowns and closed borders cannot be the basis for a “new normal”. Whichever the case, they will show little patience for collective solutions in the future. It is how a strongly protracted pandemic is handled as a collective matter that we should worry — and worry a lot — about.

Source: The Edge Markets November 07, 2021 03:32 UTC