Never has a balanced, global economy been shut down for a year. Then: rebooted with massive, blunt, stimulus and Build-Better funds. It will take months for the supply-and-demand for both products and labor to rebalance. And, then into what New Normal?
Product, Supply-Demand Chaos is Upon Us
Never has a global, just-in-time, balanced economy been shut down by a pandemic. Then, rebooted with:
- Massive “quantitative easing” by all central banks
- Political, New-Deal-2 stimulus cash to voters and lobbying industries.
- With on-going, escalating trade-wars and supply-chain reshoring.