The Phoenix Economy

The economy came to a halt in March 2020. We had the largest negative GDP perinence of our lifetimes. It was terrifying. From those ashes, a new economy rose. I think that one of the things we don't realize is how different the new economy is from the old economy. The long term consequences of the pandemic are not really about the way that try and prevent it. But they're going to be maybe not as profound as World War II.