Coronavirus Is Crushing The Economy. Here’s How To Bring It Back To Life
Much of America is under lockdown to slow the spread of the deadly coronavirus. In a couple months, when this first phase of the crisis has passed, businesses will start to reopen and the economy will sputter to life. But it won’t be as if someone hits a button and things instantly reset to the way they were. Like other historical pandemics, this one is likely to recur in waves over the next 6 to 18 months, flaring up in hot spots and threatening to spread again. The Spanish flu pandemic, which started in 1918, played out in three waves before it finally stopped being a deadly threat in 1920, and it wasn’t until 1922 that people felt secure in crowded spaces. Our own interim period may be shorter or longer, depending on how quickly antiviral therapies are put in place, a vaccine is mass-produced, or we develop herd immunity. Businesses will have to prepare for this new normal. Read more at Fast Company.
