The sequence to managing this crisis — a public health crisis — is clear: get the virus under control first, then manage the consequences of the disease. The economic problems originate from the disease and they cannot be solved without first solving the public health issue. The first is a political one and this has not been made better with the way the Emergency was implemented. Now, we are in perhaps the biggest crisis in our history — a health, humanitarian and economic crisis rolled into one. No government should just hold its hands up in the air and say, ‘we are out of money’!

Source: The Edge Markets June 02, 2021 04:12 UTC