Post
Topic
Board Economics
Re: The Corona Pandemic economic guessing game
by
Betwrong
on 22/04/2020, 08:13:46 UTC
~
Concern after the pandemic ends is how to turn back the wheel of the economy so that a lot of labor is absorbed and restore the passion of consumption. Employment creation projects that absorb large numbers of workers must be guarded by the government, given permits and capital facilities with strict supervision. For the capital required, the government can make money as long as it is verified from the upstream and downstream industries and the money is actually played in the real sector.

Idk, mate, I think it's the easiest part. People are so tired of sitting at home now that I'm sure they will start working effectively as never before when quarantine is lifted. And imo there's no need in restoring the passion of consumption, because, in fact, it hasn't gone anywhere. We'll see huge waves of movie and concert goers, shoppers etc. when the whole thing is over. I actually predict a huge economic growth, something akin to the post–World War II economic expansion.