In fighting Covid-19, we lose if we blow up the global economy

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In fighting Covid-19, we lose if we blow up the global economy, writes Charles Stith

In this file photo taken on March 11, 2020 A pedestrian, wearing a protective face mask, walks past the Bank of England in the City of London on March 11, 2020. Picture: AFP/DANIEL LEAL-OLIVAS

Three things come immediately to mind: the G-20 leaders should’ve dispatched their best scientists to help China deal with the crisis and understand what we’re dealing with so the world could’ve done a better job of developing and co-ordinating strategies to deal with the problem; the G-20 leadership should’ve convened in-country experts to determine the best way to respond to the pandemic without causing a panic; and we should have immediately employed already known standard medical and public...

We’re healthier because more folks have more access to better food and cleaner water. We’re wealthier because the global economy has resulted in an ever-increasing middle class, which enables folks to afford better food and better medicines.

Source: Financial Digest (financialdigest.net)

 

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