Around a month now since I last retweeted (if that is the right word) my favourite viral graphic from the FT. And contrary to what I hoped then, we have not yet peaked, even if we are levelling out. Perhaps the odd news is that the rich, western countries of the northern hemisphere seem to have got it worst again - with the good news being that at least they have the financial and other resources needed to be able to respond.
And maybe part of that response in the longer term will be rolling back the globalisation we unleashed on the rest of the world. Taking back some of the manufacturing of, for example, pharmaceuticals and other medical supplies, that we outsourced to places like China and India. Whatever will the WTO say about that?
Reference 1: psmv4: Good news and bad news.
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