The Economic Impact Of The Lock Downs

We are just starting to feel the economic impact of all these shutdowns.

In the past I wrote about how a 50% drop in global GDP from pre-COVID levels is possible. We could see a lot more damage done in 2021.

In this video I discuss how the chancellor for Britain said the economy will suffer its biggest drop in 300 years. This means to levels not seen since the early 1700s.

Here is the article outlining that:

https://www.reuters.com/article/us-health-coronavirus-britain-economy/uk-economy-could-shrink-by-the-most-in-300-years-in-2020-idUSKCN21W1EQ