Post
Topic
Board Economics
Re: Second lockdown in Europe can their economy survive this?.
by
South Park
on 05/11/2020, 21:17:19 UTC
What is the worst case scenarios that come in your mind when you read this news?.
the countries that are on the topic are well developed countries and its only on thier second lockdown . thats not too much compare to other countries that are already imposed a third and more lockdowns and take note that these countries are more poorer or underdeveloped and the best part is that they dont worry , you can rarely hear thier voice doing complaints  .

what can they do with that if thats the order of the higher court ? lockdowns are not bad but its also thier consequence for not following protocols  .
The greatest issue with lockdowns is how they reduce economic activity, this should not be that big of an issue if countries had a very low debt to GDP ratio but many countries are in a very bad shape, they are getting less taxes and printing more money than ever in a time when people are losing their jobs and a great deal of those jobs is never coming back, if this continues the economic crisis that is brewing is going to be many times worse than the pandemic and I do not know how long can people endure another lockdown when their finances have been now strained for months.