Dangerous Financial Measures

A long period of Lockdown can lead to deep scarring of the economy with a slow recovery, but as there is a risk of a second wave of infections once this dies down, these movement restrictions will need to stay in place.

Falling consumption has resulted in 70 percent of Americans losing their income in March, and for many that loss can lead to long-term hardship and suffering.

There is an 88 percent decrease in petrol consumption in Europe, and automobiles sales are now zero.

Countries are opening up their purse strings and providing stimulus packages and concessions to boost the economy, but these measures will show results after months and may not be enough.

• In Europe, The north of Italy, which is the main tourist hub, is seeing a collapse in economic activity, along with Germany, which is falling at a steeper rate than the United States. Even countries like Japan, which are not hit that hard, are about to witness an apocalypti...

The current pandemic has led to an economic free fall which is unparalleled in history. In the US alone, the unemployment rate plummeted at such a speed that more than 10 million have claimed unemployment insurance in a matter of three weeks.

With over 30 percent of the U.S. population exp...